GE trade ideas
GE - LONG SETUP3 RISING VALLEYS ? BULLISH ENGULFING YESTERDAY ON DAILY. PRETTY LOW RISK ENTRY FOR LONG POSITION.
$Ge General Electric On Breakout Watchlist
Possible break from very tight range today and
a reclaim of the 507100ma's as support.
Possible targets
-$7.30 Volume Shelf
-$7.75 Fibonacci Golden pocket
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#GE - 1H - 19.07.2020GE made a huge step last week by breking that short term downtrend. Now it is time to consolidate it´s price above 7.00 USD.
If there is not another COVID19 wave around the corner, maybe, we are witnessing the beginning of a strong recovery of this company´s market value.
$GE #GeneralElectric #Earnings #TradingP/E: 10.95
EPS this year +99.8%
EPS next year +360.23%
Short Float 1.01%
Gross Margin 23.4%
ROI 2.3%
EPS Q/Q +595% (Keep in mind the stock still dropped)
GE time to be Bullish??What do you guys think, a nice wedge descending , lots of Volume. To me we will be looking at a nice 6.46 entry with a nice break out happening after that.
Very new any help appreciated just learning the game right now!
Wow! look at this amazing triangle on GEGE's not been so hot lately-- but that's only because it's been busy working overtime, creating this wonderful breakout wedge! Sell target looks to be $10. Everything in the stock market looks like a breakout.
$GE All systems goHere we see $GE breaking out of a falling wedge and now forming a descending triangle ahead of earnings. It looks like a lot of pressure is coiling especially when i see that this stock has one of the highest volume on options today. A lot is being wagered that this will be going up. The indicators also seem to all be bullish. I'm in for the short term. The floor IMO is around $6.50 I personally went LEAP on this and plan to exit prior to earnings. This isn't advice just an idea i'm executing.
GE old style analysisSeen pretty big divergence on monthly chart. Also sort of big volume for Jan 21 struck at $10.
Theoretically could have a bear market rally to 15. But still use a stop.
GE baseGE basing with an uptrend in RSI and inverse H/S. Clearing the 100 day MA would be a nice start.
GE Staying bullishJust seems like this thing will continue, hoping to play all the way up to a $9-$10.
General Electric: All Trading RangesGE is about to be fully recovered this year. Any decline is viewed as an opportunity of accumulation for long-term rewards.
Source of "HIGH DEMAND AREA":
Bullish on GEThe indicators show downside trajectory but the market will likely cycle through finance lifting GE up with it. Looking at the PSAR as the first target.
Caveat emptor and good luck!
