GDX trade ideas
GDLooking at the potential test on the high of the fib channel. Currently experiencing some resistance and looking to potentially break and test down below the trend line.
GD facing inflection pointwww.cnbc.com
The day chart shows GD facing an inflection point now, precisely it is in a symmetrical triangle pattern where it can breaks out either way, up or down.
I am more inclined to go with the upside rather than down for various reasons I shared on S&P500 chart.
Let's see how it perform over the next few weeks.
$Gd General Dynamics in Demand Possible entry levels @ $180-$185
Well below the $206 average analysts price target.
P/E ratio 15.46
General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military services. It is organized into four business segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. The Aerospace segment delivers a family of Gulfstream aircraft and provides a range of services for Gulfstream aircraft and aircraft produced by other original equipment manufacturers. The Combat Systems segment offers combat vehicles, weapons systems and munitions for the U.S. government and its allies around the world. The Information Technology segment provides technologies, products and services in support of thousands of programs for a wide range of military, federal civilian, state and local customers. The Mission Systems segment provides mission-critical C4ISR products and systems. The Marine Systems segment designs, builds and supports submarines and surface ships. The company was founded on February 21, 1952 and is headquartered in Falls Church, VA.
General Dynamics Mission Systems Receives $299.9M Sustainment CoGD: General Dynamics Mission Systems
2019-12-18 16:30:00
General Dynamics Mission Systems Receives $299.9M Sustainment Contract for Ballistic-Missile Submarine Fire Control Systems Modernization and Maintenance
GD - Bull Put SpreadHigh Vol & High Beta Stock.
RSI <15 and PA finding S/R at level 187/188 zone
Looking for Reversal to mean higher.
Taking 185/180 Put Credit Spread.
Also picked up 190 Call for Directional Bias Higher.
Oct Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
Is Trump going to war?My primary and secondary scanners working great! Perfect combination of buy signals.
Identifying Bullish Shoulder Head and Shoulder pattern in GDAs part of trading basic exercises, I could identify a reversion bullish shoulder-head-shoulder pattern in General Dinamycs shares.
GD long call spread converted to long call optionAs explained in the video, I initially opened a long call spread by buying the 175$ strike and by selling the 180$ strike. As the stock got completely crushed all week, I decided to close my sell 180 call for a profit. Now I only have the remainder of the 175$ long call. If the stock has a significant rally, I could either hold my long call and try to make a large trade or I could de-risk by reselling the 180 call. Overall, I believe I am in a good position, and the stock market rally today on 5/10/2019 really helped this trade bounce back.
GD option LongGD spiked through resistance and has a meaningful pullback to re-enter longs from here. I am buying the 175$ and selling the 180$ call expiring 8/16/19. My investment is 285$ and my max profit is 215$. Max profit potential is 75% if option expires in the money.
GD Receives Contract to Support Reset of U.S. Marine Corps LightGD: General Dynamics
2019-02-18 13:00:00
General Dynamics Land Systems Receives Contract to Support Reset of U.S. Marine Corps Light Armored Vehicle Fleet
GD approaching resistance, potential drop!GD is approaching our first resistance at 187.10 (horiozntal overlap resistance, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 165.58 (horizontal overlap support, 50% fiboancci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
GD awarded three Land C4ISR contracts for Canadian ArmyGD: General Dynamics Mission Systems
2019-01-30 12:00:00
General Dynamics awarded three Land C4ISR contracts for Canadian Army
$GD - The market's 8 ball I've been a way too bearish in general to keep up with any ticker in particular that'd give a different perspective on an individual sector / under-performers / out-performers. The setup as is - is more-or-less what every other equity looks like to me right before a pretty deep continuation downward follows. A few months back, when I realized the divergence between the financial sector & the S&P, I noticed the real distinct correlation to 2015-2016 some of the under-performers had; meanwhile the S&P continued making new highs on market rotation, but I kept it in mind. If you haven't noticed the amount of stats Bloomberg mentions in relation to stocks back in 2015 - i.e. "S&P having worst 3 weeks since Aug 2015 (10/22/2018)" - it's something to consider. Back in 2015 we were in the same exact position (almost); there was the emerging market debt crisis, worries about "China slowing down", & the dollar surging + oil plummeting. But some people forget that it's not the rising dollar that spreads EM contagion - it's the rising interest rates. Rates have continued to increase but $DXY has yet to come even close to its 2016-2017 high. I'm getting a little off topic but - $GD is one in a handful of equities that DIDN'T commit to the same downfall the entire market did back in 2015. Not even close, actually. Check back on the chart to 2015/2016 where rectangle marks same pattern as where we're at now. I think if there's something to be majorly worried about in the upcoming weeks - you should keep this one in mind. If it didn't break the 3.5 year WMA support back then, but it does now - we should be pretty worried. I'll stay neutral, for now at least.
GD for the long with the Head and ShouldersYour textbook Head and Shoulders on the daily and weekly.
GD buy the dip!GD had previously made a new swing high and have since then retrace back into "higher support area". If the longterm trend continues, this stock should go past 210$ a share.
$GD - In PlayLooking for this to run back towards the top of this sideways channel. Getting a good bounce off of 190 support. Looks like it just broke the short term down trend. MACD is looking for a bullish cross over with one more leg ups above 196. 196 will be tough short term resistance. There is bullish divergence formed on the MACD. The 9 EMA is about to cross over the 21 EMA and the price finally broke above both of these today. Entered at 195 break and may look to average down if we get a bounce off of 194. SL is currently at 193, but may also adjust after tomorrow's trading day. After the break of 196 this should have a smooth run to test 200 again. Will start to see a lot of resistance around 200 so may take profit at 198-199 if resistance looks strong early on.
GD Detected possible contract awarded!!!GD: general dynamics corp
2018-08-02 09:45:03
Detected possible contract awarded
