GE trade ideas
eyes on it GE is something to keep eyes on . things in that company have started to change , but reflection may ...and should take long time before we see them . in chart first thing what to look is ,are there investors expectations ....will we see anomalies on PA . but no need to rush in , if you buy 12 and we dropp at 6 ... who much you are down then ... i belive bottom is near and ge has big potential for longterm investor . extra eyes on 7.58 . i wont buy it yet . i need to see some technical hint that im not only beliver . will post new chart once i buy .
What I think will happenLooks like an easy cup and handle. But I think we will continue the down trend for the market next week, so the blue arrow is where I think GE will move next week.
#GE Potential Short OpportunityAction: Set Limit Order to Sell
Entry Price: 9.98
Exit Price: 9.66
Stop: 10.15
Trade Explanation: #GE is trading closely around the resistant line, close below the resistant line on 15 minute chart will initiate further downward movement towards indicated exit price.
GENERAL ELETRIC CO - Bottomed?Good evening everyone,
Lets take a look at G.E stock, as we can see on the weekly chart the stock is going in a very long downtrend since APR 17 , i believe we might've reached the bottom now,
As we can see price finally went out up of the channel, above the 10.0 psichological level.
The entrance should be evaluated on the daily chart, what do we see?
Price is struggling at the current zone and we might have a bearish divergence on RSI;
So i personally recomend to wait the price re-test the 10.0 zone + 50ema + .382 fibo and reject it before going long, dont forget, overall we are still on a bearish trend.
The S.L should be placed under the current bottom and the reasonable targets are ~13.50 and 18 levels.
But for now, wait a pullback we must.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
GE >11.00 Due, ReiteratedStrong upward trend and support. >11.00 in the next week-ish. A catalyst would most certainly give it a push.
GE: After a long running 5-wave down, GE should correct with an ABC rebound. I have some 2020 leaps for a Lotto buy.
GENERAL ELECTRIC GENERAL ELECTRIC Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
Expect a #DoubleBottom to form on NYSE: $GE | #GeneralElectric!Expect a #DoubleBottom to form on NYSE: $GE | #GeneralElectric!
There may be some upside left, so be sure to ladder in SHORTs...
....or begin taking profits if you are already in a LONG position!
GE LongGE seems to be on a big historic support level.
I can see this going up from here. Maybe retesting support before reaching for next resistance level.
GE Huge PotentialGE is currently hanging out around the .5 Fib level, could easily see this breaking back to 12.13 in the near future.
TP1: 11.15 TP2: 12.13
SL1: 9.76 SL2: 8.88
GE - A fresh look - Trade the breakoutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
If you've been following me for more than a couple days, or if you're part of our little group of collaborators, you know that I've been following and aggressively trading GE since about the time it bottomed in late 2018.
GE got a boost after earnings on Jan 31 and we've basically been flagging a bit since then. Basically, people are taking profit and people are buying dips and as that happens, consolidation kicks in and we start to get to a break out phase... but where will we go?
Only time will tell, and I always say to trade the breakout. I did it on IOST the other day, made a profit, and got out. I plan to do about the same thing here. I've been holding a lot of GE for a while now and if it goes up, I'll continue to hold it. If it falls out from under here and happens to break the 100 hourly moving average which happens to be at $9.95 right now, I'll probably sell in order to buy cheaper... eventually. :)
If the 25/50 hourly crosses bearish (they're only about $.02 apart right now), that'll be another confirmation that the trend is down. Until then, I'll hold and plan to get out eventually when I see some good divergence on higher timeframes. Until then, I monitor this consolidation wedge.
I should also add a disclaimer that I hold some options for mid-April expiration for $10 calls. If this pops up, I will cover most of those calls.
Trade safely friends!
<3 -CE-
Classic Symmetrical Triangle on GEStrong potential for breakout. GE is at the tip of the spearhead and market movement is strong. Prime time to see upward movement. NYSE:GE
