General Electric (GE) Long-TermClear triangle pattern forming before eventual breakdown to continue GE's gradual fall
NYSE:GE
GCP trade ideas
$GE bearish flagI dont have to much confidence in $GE , looks to be forming a bearish flag, lets see if it comes to fruition.
Daily GE stock price trend forecasts analysis 15-JUL
Investing position: In Falling section of high risk & low profit so far. But it would be in rising section tomorrow
S&D strength Trend: In the midst of a rebounding trend of upward direction box pattern price flow marked by limited falls and upward fluctuations.
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening selling flow when stock market opening.
read more: www.pretiming.com
Forecast D+1 Candlestick Color : GREEN Candlestick
%D+1 Range forecast: -0.1% (HIGH) ~ -0.8% (LOW), -0.2% (CLOSE)
%AVG in case of rising: 2.3% (HIGH) ~ -1.0% (LOW), 1.3% (CLOSE)
%AVG in case of falling: 1.0% (HIGH) ~ -2.5% (LOW), -1.7% (CLOSE)
GE moving up into Q2 earningsWatching for this to continue moving up. Must break resistance levels near 10.51 and 10.7
Long GE if it can break resistanceBeen trading sideways - but if it can break resistance lines 1 and 2 I see upside potential. moving averages above trend just needs a breakout.
pin bar daily candle @ 200 day EMA pretty simple set up ill be looking for a break above 10.57 to go long, if the scenario ends up a bearish one ill look for a break of that pivot level to take us down to S1 or that red support for a 3rd test 9.50-9.60 area, would be a great spot to get bullish again if we test and hold that 9.50-9.60 area
GE - Daily 7-7-19Upside:
- Ascending triangle forming over the past month
- The bottom of the ascending triangle is closely in-line with the 20-day SMA, providing additional support
- Inverse head and shoulders set-up forming since early February
Downside:
- Stock price has failed to break above $10.71-$10.72 on three separate days, potentially leading to a double-top set-up
- Volume has slowly been trending down
Notable Prices:
- Top of ascending triangle (also potential double top level) is $10.72
- Bottom of triangle and 2-day SMA is $10.35
I am watching to see which way out of this narrow range the stock price breaks and the volume that is associated with it.
Possible break out or trade the range$GE, Looking good, possible break out, if fails trade the range.
GE bullish The GE headlines are not flattering; however, the week candle stick chart has formed a bull flag pattern. Empirically, This particular pattern has a high probability of being accurate. Also, I find the larger the time frame the more accurate my prognostications become.
weekly bull flag on GEkeeping it simple we have broken the down trend on General Electric and formed a bull flag that is breaking out on the weekly time frame. i am not playing this trade but this is easy money.
GE: Long Targeting 12.15, 14.50GE weekly chart showing cup and handle formation with recent inverted head and shoulders on daily. Monthly view also shows possible double bottom (Dec 2018). Initial targets are 12.15 and 14.55.
General Electric buy signalsGeneral Electric (GE), Monthly chart: 10 years long(!) support zone + Pin bar inside of Morning Star candle patterns + Side of Bollinger bands (120,2) + Coming out of deep oversold on RSI(14)
GE new upward channelAfter its correction Monday and Tuesday, GE had an upward triangle breakout and thus still appears to be in an uptrend. I will look to buy the support price of 10.19 and set my stops below the channel.
GE downward channel breakGE is looking like a short after a big channel breakout today. I think the breakout is driven by GE's large investments in oil and gas, since oil prices collapsed today. GE is bearish below the downward-sloping trendline, but should find some support at 10.19.
GEI'm playing with this chart in an effort to identify a new pattern for the trend reversal I believe we're about to see with GE. I'm watching GE on the monthly as this one is a long term play but I'm bullish on GE for the next 5 years. There is a possibility that GE could lose 25% of its value and wind up in the ~$8 range or even lose 50% of it's value winding up in the ~$6 price range but if you're in this one as a long term play I'd look to ~$19 (50% increase for current price of ~$12) as the next resistance and possible exit.
GE's RSI is in territories it's not seen for a decade(which was the crash of 08) but even before then GE has always remained above 30RSI with the exception of 1 other time back in 74'; although I'd be looking for a little resistance when RSI approaches 46. Either way, I'm bullish on GE. Also, according to GE's CEO I think GE has some projects lined up that will position them to see good gains in the next couple of years.
As always, let me know what you think. *This is not financial advice.
GE below trendline support on hourly chartGE has been holding mid-channel, but right now it's looking like it may drop to the bottom of the channel. I took profit at 10.54 and will watch to see what happens. This coming Monday and Tuesday are are likely to be bearish days for the market based on historical patterns, so it's a pretty good idea to exit the market until Wednesday anyway.
GEGE just broke out of the 200 daily moving average and closed positive above it.
I am taking a position long, trade your own plan though
GE - Trading within the zoneOne of my earlier newbie TA that I did a few weeks ago but wanted to confirm the resistance level at 10.5. Seems that its trading within a range of between 9 and 10+. GE has seen better days and perhaps, trying to find a new footing. Waiting for ADX to show a more robust and clear upward above 20 with corresponding DI+ before going long. Just a thought.
GE below trendlineLikely move to bottom of channel in 10.19-10.22 range tomorrow before (hopefully!) moving higher. Wait till channel bottom to buy and sell in the event of downward channel breakout (in the aftermath of today's Fed announcement).
