i42.GEBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
GE trade ideas
$GE at 11.1 Expecting Big Move (+/- 10%) Mixed signals but mostly bearish signs . MFI broke its trend and RSI reversed from its trend looking forward to test 70s level then drop back again to low levels . Bullish candle sticks during last 3 sessions supported by good volume too so mainly expecting bounce to levels of 11.5 then fall back to 9.5 this is most probable scenario . other scenario became more bullish if jump above previous top at 11.84.. then its became clear bearish for mid-term targeting 18-20 on long term
GE BouncebackGE back to outperforming the S&P 500 & peers, digital transformation valued higher than overleverage?
$GE Overbought-SHORT from 12.2-correction then Up again Overbought on daily chart with some room to touch 12.2 which will be good short spot targeting filling gap at 9 or higher at 10.2 then expected good bounce to target 16 on long term view
GE Wave Analysis - 18$ Oct 2020Good trade setting up end of year - look for an entry around 9.80-10.20
GE Swing quick swing1) test support $10.3-$10.5 area, if it fails to support it will go further down to test moving average or gap + channel bottom.
2) it can also bounce from $10.3/5 area and test the current area or probably o higher and test a $13.75 resistance area.
A new wave up for General Electrick stocks?This stocks is interesting because we can observe that we are in the end of the consolidation triangle.
Firstly we will talk about technical analysis and then we will think about the fundamental analysis.
1) There is a nice buy zone here, this strong support can be nice point entry to see more upside.
A bullish bat forms with a bullish confirmation (doble bottom on lower time frames)
The 4th waves of the consolidation triangle were forms, we are looking to see the 5th waves which is logically the break out of the triangle.
First there is an important resistance on precedent lower higher high, this can provide us a nice TP1 and a nice reentry if it breaks up.
2) In the fundamental analysis General electric got a very looooong consolidation now, we are not seeing higher high since 20 years that can be a nice opportunity to long now considering the fact that our global economy is completely based on electricity, this means surely a potential growth in this stocks.
As we can see there is a reason why price just consolidate at this point, we can think about the dividends on actionnary which are not reinvest in the stocks for long times. A change in political economy of the society can be the release of a new golden age on this stocks and other tech stocks (we will analyse them together soon)
Can the CFO news be the savior for Ge?For years general electric has been struggling for the stock obviously, the stock has been crawling into single digits. It’s shooting star on the day and week . on January 27, 2020 it will report earnings and, let’s see if General Electric has a pulse or still on the edge of death
GE - Again bringing good things to life!Like this stock chart. GE has held its recent breakout, is consolidating nicely and appears to be under accumulation. It is however short term overbought and MACD is turning over. Suspect that we will see the $10.60 area but this looks like it wants to get back to the breakdown area that defines the upper FIB levels. Another 2020 turnaround name for me. Like this for a buy and hold.
$28,441,700,000 Concentrated Hedge Fund Bets On AmericaStarting in the 4th quarter of 2018, Eagle Capital Management -- a highly concentrated hedge fund for it's size -- began aggressively buying General Electric, and it looks like their investment is paying off -- for now; but one can only speculate what is truly stirring underneath this classic American icon. Is this the next AIG, and more importantly, will it be the catalyst that triggers the next financial crisis?
GE Short Setup - 1:4 Risk to Reward / RISKYGE daily chart shows weakness. I am expecting a pullback to $10.50. I can buy some puts for this. However there's no reversal signal yet. If I wait for a confirmation, the risk to reward will be less. I have decided to buy the risk.
GE SHORT TRADE SETUP
Entry: 11.39
Stop-Loss: 11.60 (0.21)
Take-Profit: 10.56 (0.83)
Risk to reward: 1:3.95
Winning probability: Less than 40%
NOTE: I am not very comfortable with the stop-loss. During the trade, i can move it up to 1:2 Risk to reward. That's why I'm not going to risk more than 1% of my account.
Disclaimer: This is not an investment or financial advice. Please do not copy my trades.
Remember to follow me.
Trade safe,
Atilla Yurtseven
Three Percent Trade Idea: Go long GEHere is a great opportunity to pick up GE .
At Three Percent Trades we have a price target of $13.00 / share, which is a potential upside of 42.2%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
New Trend For GEPrice bounce from resistance with high volume.
And also there are some positive news about some big order for Qatar (if I am not wrong)
I will see on Monday to trigger the trade
General Electric bearish Gartley short tradeThere's a bearish Gartley at the PCZ on General Electric, with a gap on the way down which could mean little resistance for a retrace to lower prices.
