GE - POTENTIAL BREAKOUT AND RETESTGE has broken the last 5 waves pattern and it's now retesting the breakout level. Look to the price action for a potential wave up. A strong breakdown under the E point invalidates this setup.
GCP trade ideas
GE Losing its WingsI worked for GE Aircraft Engines during the 80’s and still have friends there that I’m now worried about. Jack Welch and his financial engineering was supposed to be such a great thing. In hind sight, not so much. Pretty obvious during the coming market sell-off GE is going to $3.
GE retracing to below $12With current market GE stock is volatile at best, resistance likely at 11.88 and could retrace to 11.22 area if volatility increases. New CEO has yet to make any significant announcement, although just the announcement caused a nice bounce, which vaporized last week and into this week. Any LONG buyers, wait, wait, and follow the volume. Setting alerts (targets) using warnings. Aka 12.0, 11.90, and 11.50, which would then indicate going full Fibretracement or possibly larger selloff and below recent resistance in 11.25 and 11.20 range.
Viewers: Come to own conclusions, Rule #1 and Rule #2. Market is very dynamic , so riding a big wave too far onto sandy beach if not too careful.
GE - Wait on itGE is still going Lower.
Anything in the Orange is a buy
Anything at $6.xx is a steal
Potential for 4-5X in 3 years
GE : Long IdeaHello Traders,
I think this stock just Finish ending Diagonal wave, and maybe we will see an up trend next weeks
Thanks
TONCHINOMICS: MAJOR TREND DOWN still but...TONCHIMETER: MAJOR TREND still DOWN but
if inverse head and shoulder confirmed by 2 consecutive white candles plus
a break out of neckline then GE may turn bullish.
I like recovery stories...
GE SWING Into earningsWouldn't hold it into earnings, could be an entry in a nice swing on a beyond beaten stock...
GE PT 27.77After nearly 22 months of lower lows, GE is finally showing some promise. It's going to be a long road. At this scale expecting 27.77 within 1 year of this publish.
+1GE:18.10.01@12, 18.10.10@13.55, PL: +1.55$(+12.9%)+1GE:18.10.01@12, 18.10.10@13:55, PL: +1.55$(+12.9%)
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"In art he, Thoth, was often depicted as a man with the head of an ibis bird"
999ug
Huge Upside in GE Long-TermThe current wave of selling seems to have been exhausted. The company is trading near 2008 levels with nowhere near the type of turmoil it experienced in 2008. Long @13.60
GE Testing Key Resistance, Potential Bullish BreakoutPrice has been trading above the bearish channel for two days now. Nevertheless, the recent gains in price was a reaction to the recent positioning of hedge funds and institutions. In addition, GE recently replaced their CEO, where the market reacted quietly positively to the news.
Trade Step-ups:
Scenario One (Bullish Breakout): Price consolidates above 14.00. Look for further move to 15.00 and 17.00.
Scenario Two (Bearish Reversal): Price rejects a breakout and falls back into the bearish channel. Look for a strong reversal to 12.00 and 11.00 respectively.
GE Breaking Out Of DowntrendGE seems to have bottomed out, and with a new CEO in place I expect a minimum of $15 but not ruling out a move up to $20 by EOY.
Vpvr shows some resistance coming up, but the daily trend line does seem to have been broken.
Also note the large increase in volume over the past week.
GE longLong for let's say until the 1st quarter of 2019. Just an excersice to test some technical ideas.
trade safe
GE / W1 : Weekly chart signals. Trade Validated.NOTE : first, be aware that the signal is a double Taking Profit pattern, which is the weakest possible one ! But regarding the way this asset got sold in a bullish market kind of makes me wonder how deep this could go if this was just for a retracement.
Hope this idea will inspire some of you !
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Phil
GE Long since 12,50 lets see if Bulls have strong legs or not...GE Long since 12,50 lets see if Bulls have strong legs or not...
General Electric need to see more than words Mister CEO...General Electric need to see more than words Mister CEO... downtrend still leading atm...
GE:18:10:01:12 - Long "In art he, Thoth, was often depicted as a man with the head of an ibis bird"
999ug
