GE in play? #thestratStill learning the language and walking through the basics.
Timeframe continuity over DWMQ. I believe I am seeing a broadening triangle with a 2-2 continuation in play. Monitoring on Monday for actionable triggers.
GE trade ideas
General Electric still looking strongIn our Monday morning Flight Path newsletter, we high-lighted General Electric as a company that may perform strongly into the end of the year as the rotation in equities continues into sectors such as Industrials.
This week saw price dip but end the week strongly with another bright blue “Go” bar.
The GoNoGo Oscillator has also managed to stay nicely in positive territory.
We would next like to see the oscillator continue to rally , and for volume to pick up (the GoNoGo Oscillator would turn darker blue), which would give price the momentum to test last week’s highs and perhaps get above $11.
$GE $GE
Testing this theory out.
Watching to see if the 20 SMA bounces or breaks... and then two possible scenarios.
Let’s see what happens!
“I’m not an expert but I have watched a lot of youtube videos.”
NYSE:GE
GE LongStrong key level above
Pattern formed
Trend line look to test key level so will still have some time to make profit if we can
With low risk, its worth !
Long GE Through 2022 In The ChannelGE is potentially working on it's third bull channel here thanks to their CEO; Henry Lawrence "Larry" Culp, Jr.
Larry had a fantastic history at Danaher corporation before moving into his current role.
Larry is highly incentivized to raise GE's stock price... He will net $47m for a 50% increase in price, and $300m for a 150% increase. I would expect him to figure it out...
Things get interesting past ~2022. If Larry is incentivized to hit ~$18, then what happens after he does so? I wouldn't expect a test of the last peak at ~$31.75. Will GE keep making lower lows?
GE seems like an incredible buying opportunityGE seems like an incredible buying opportunity just turned from a sell to a buy with huge institutional buy-in
Super high chance of hitting 12$ in the near termThe 6$ line is solid support gained from the monthly timeframe and the 12$ line is what i call soft resistance (a lot of activity here). What really is weird is how it closed on Friday. Check out the blue line, it was support and now is dead on resistance confirmed on Friday's close. Coincidence? Hmmmm. With all my oscillators pointing up and volume increasing i think it's primed for a hell of a break out. One can be conservative and straddle this but a big move is coming and my money's to the up side. 12$ within a month or 2. Let me know what y'all think :)
General Electric - GE Stock Analysis The Idea is to go long but only if the 10 USD resistance level will be broken. (so Hold for now)
The other option is to wait the end of the price retracement and when it reaches the 8 USD go long
NYSE:GE
GE | Short | Fill the gapNYSE:GE
Possible scenario: SHORT for fill the GAP
Evidence: Bearish Divergence, Bearish Candlestick
It's just my opinion and could be wrong
GE False SignalGE had a false signal, and will not continue to go up yet. It will have to fall down to support level 1 or 2 to gain buying pressure. After this, the stock will either consolidate and continue to go in a channel, or breakout above resistance.
GE is a Buy!It looked like the gap GE had was not a breakaway gap, though now it is looking different. GE has a bullish engulfing pattern and an ADX of 46! This means it is extremely likely this trend will continue. Thanks, Like, and follow.
GE ABout to Double upWell Folks seems to me as if GE is getting ready to get back on its feet. ON 1 August 2000 GE was valued at 58.15 at its highest point and ever since seemed to be failing. That loosing streak that GE was in since the 2000s seems to be fading away very quickly. After December 3rd 2018 2 more lower lowes. 1st October 2020 to me is a jstart of many more wonderful gains on company such as GE. DYOR Not intended to be investment advice.
Long term "Go" flagged on General ElectricLast week flagged a “Go” trend for the first time since the crash in March on GE. We can also see that current price action has moved above the resistance set by the runaway gap.
The GoNoGo Oscillator led this change in trend by breaking above the zero line several bars ago and rallying into positive territory on heavy volume.
General Electric Stock AnalysisGeneral Electric Stock Analysis 16th Nov 2020
15% Upside expected
Current @ 9.24
Buy Between 8.6-8.2
