GE trade ideas
Market Cycles - Waves and return to the mean - Part 1 GEHere is the culmination of my last 4 months of technical analysis of the stock market. I looked at important growth stocks of the past and where they are today. From that analysis, I applied the lessons learned to todays market.
1) Growth stocks break out of the mean channel of wave 1 to finish wave 3 and 5. Average stocks stay in the mean channel.
2) The following correction will take them back to the project mean of wave 1, maybe even below. The more they break above the mean the more they drop during the correction.
3) Head and Shoulders pattern usually describes motive waves 4-5 and the following corrective ABC wave.
After a major correction several things can be learned
1) Some companies never really recover, assume they just had high prices because every company did (thing tech bubble)
2) Some companies recover but never become growth stocks again and grow but stay along a mean growth
3) Some companies are able to reinvent themselves and become growth stocks again (MICROSOFT)
I can't say I did everything correctly. I took my best shot at it and at the minimum gives a solid idea what could be to come for stocks in 2020 and beyond.
I broke this down in several idea posts.
Market Cycles - Waves and return to the mean - Part 1 GE
Market Cycles - Waves and return to the mean - Part 2 AT&T
Market Cycles - Waves and return to the mean - Part 3 IBM
Market Cycles - Waves and return to the mean - Part 4 MICROSOFT
Market Cycles - Waves and return to the mean - Part 5 GOOGLE
Market Cycles - Waves and return to the mean - Part 6 AMAZON
Market Cycles - Waves and return to the mean - Part 7 S&P 500
Market Cycles - Waves and return to the mean - Part 8 NASDAQ
Hope this helps and good luck.
General Electric is showing improved profit performance (LONG)There is a long play to be had here I think. I feel as though General Electric's leadership has changed enough for people to start to enter the market safely for the long term. People have been selling and selling, bringing the price down and primed for a resurgence in purchasing.
You better buy it while you can and prices are this low. If you look at longer perspective volatility is down and it will switch over to the renewable space, investing in many more solar options in the upcoming future. This information has been confirmed and is now being released to the market in realtime for anyone reading.
GE is my blue chip for the decade and here's why...This is NOT investing or financial advice. It's my opinion but a damn good one. Cheers.
GE isn't going anywhere. It's here to stay so let's just end any of that nonsense.
COVID IS GOING AWAY. A VACCINE WILL COME. PEOPLE WILL FLY!
Anyways,
Anyone watching what $tsla is doing? Insane? Yup!
Electric cars are the future. I mean it only makes sense that we move from gas to electric. Right?
Exactly. You see where I am headed with this... GE.
Check out this article:
Electric cars, of course, would help GE's bottom line. The company sells the WattStation charging station, but also transformers, smart grid equipment, sodium sulfur batteries and all those other components that will be required to beef up the grid for electric drive.
www.greentechmedia.com
History says this is the bottom and over the next few years this has the potential to double. I mean it could overnight when a vaccine in delivered.
Either way... this is my retirement plan. GL. Cheers!
Not a good session todayTitle says it all. The MFI and RSI turned around. Lower low. More weakness I see in the future.
GE 10.96 Possible TargetWouldn't put much faith in this, but if you believe in techs, looks to be consolidating nicely for a move up
General Electric SchemeDemand and supply levels in terms of fibonacci in daily TF based on the most relevant critical points of the chart.
GE still correctingGE looking for a bottom in wave C. Looking at ~6 to 6.3 for bottom based on wave structure right now
GENERAL ELECTRIC (GE): Bearish Continuation
GE broke below a rising channel on 1H.
this breakout matches with a violation of a horizontal 6.87 structure support.
taking into consideration that the current midterm trend is bearish,
here we have a perfect trend continuation opportunity.
initial goal:
6.55
GE to 8$yo yo happy Sunday. I am creating some new tickers so hope they help. GE mirrors BA stock pretty closely. Based on the bounce at the 0 on the Fib I am predicting a full 180. All the way to the 1 line which is at 8.5. After that I am not sure. I have drawn lines of where I think it will stay. If you choose to buy the stock or do some calls then I'd give it a week out so shoot for 7/17. GE is a good stock for long term but for some quick prof I would do some calls at 7 or 7.5. You can probably swing these during the week during a low to high day :)
thats all. hope it helps :)
this is not trading advice. I am learning and I am simply pointing out something I see. I apologize in advance if they do not come true.
General Electric $GE "H&S,Bottom"$GE is forming unconfirmed head and shoulders,bottom. watch for $8.56 for a breakout.
12 months Consensus Price Target: $9.30
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
GE, buy Put for 40% profitGE, buy PUT $7 Aug 21st
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Maybe this one if the market continues upSitting on the 50 day sma, could be a slow or quick move here
Juicy investment opportunity! General Electric sharesGeneral Electric, monthly chart: 11 years old(!) support zone + Side of Bollinger Bands + Divergence inside another divergence
$GE falling wedge low risk high reward long entry $GE falling wedge with coinciding bullish divergence on both MACD and RSI
GE Continued DowntrendNeeds to bounce from this heavy support zone or there's a chance we see sub-$5 GE
Head and Shoulder may be completed? there's also a chance my idea is not valid,but still ill be happy to hear your comments !
on the daily time frame GE has reached to is low Stoch RSI and Stoch.
if you check, on previous cases the stock has rally up on similar cases .
also on the weekly time frame could be we are reaching the completing of wave 2.
in my opinion. i think we can see a wave 3 coming up till ~10$.
GE is a solid company. which i cant see right now the option of bankrupts.
adding the 4th of july coming up.
General Electric: Worst case scenario coveredFor General Electric shareholders.
There is a risk of a further decline if negative fundamentals will keep adding up.
Psychological level still plays role of a support.
Breaking below PL might trigger short-term panic sale.
In that condition, the next demand point for a assumed reversal would be anywhere price touches 1.618 fib channel.
Accumulating more would be a solution because GE is already on the lowest levels since 2009. As it declines more people are willing to buy at this cheap price range.
RSI and MACD indicators are confirming the oversold condition of the stock.
