Bearish on GEFrom price action, I am bearish on GE now. There was a huge surge in buying 2-3 days ago after which two things happened - the volume went down and the price started moving down. This means the buyers who were holding the price up have disappeared and the market is searching for the next lower level that will be attractive to the next batch of buyers. What will that be is anyone's guess but I would look at around 6.25 where the previous buyers jumped in an pumped it up. Loss of that will likely lead to a lower low. Daily MFI is pretty limp right now.
Caveat Emptor and good luck!
GE trade ideas
GE falling wedge, it’s a great time to longGE is in a falling wedge pattern which is a bullish pattern. There are two profit targets, with the last one being 10$. After the falling wedge pattern it might keep going up. Look closely at this one, the rise could happen soon. Check the link down below for some more charts by me.
(Not giving financial advice)
General Electric Technical Analysis - Stand AsideNYSE:GE
Technical Analysis seems to have found a signal to buy up to $6.85, but due to the Fundamental info, I would stand Aside right now.
The Issue between China and USA over the COVID-19 might impact on GE Business (59% of its revenue is outside the USA).
Credit Suisse lowered its price target on GE to $8 (they might be on Hold)
Long term investment, we could see GE stock rise over the next three years to $13, or even $20 per share.
GENERAL ELECTRIC CO (GE) Monthly, Weekly & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
GE - General Electric - Wait for the Earning ReportGeneral Electric (NYSE:GE) has terminated orders for 69 Boeing 737 MAX
Based on Fundamental and Technical the market should go down.It Seems that it might reverse to bearish - Volume does not confirms a potential reversal pattern
General Electric (NYSE:GE) is scheduled to announce Q1 earnings results on Wednesday, April 29th, before market open (US Time) - in a couple of hours
Estimate Earning Report Results:
The consensus EPS Estimate is $0.08 (-42.9% Y/Y) and the consensus Revenue Estimate is $20.34B (-25.5% Y/Y).
Shortening $GE at a Target of $9.13First off, please don't take anything I say seriously or as financial advice. That being said, let me get into a few key points. GE also has GE Healthcare systems which has its Ventilator solutions as well as virtual care and telemedicine (amongst other things). This is why I don't think GE is going to have as bad of a quarter as other corporations during the Covid19 period. It also doesn't have another earnings call until July 29th, giving others a chance to be bullish. I expect at least a $9.13 price target to be reasonable for a short sell. It also may have higher then 34%+ as a long call potential, but it is still too early to call given GE's mostly bearish history in the recent years.
GE breakout of descending triangle or rebound from double bottomAlthough the descending triangle is technically a bearish pattern, the price movement seen here can also be considered a double-bottom. In that case, the price should rise upward and possibly create a channel.
RSI and MACD are not giving any clear signals.
Recent analysts' recommendations all say that GE is a buy at this point.
Overall, I would say that this idea has a 50-50 chance of working. However, the risk to reward ratio is ~4.5 and possible gains of 24% which is pretty good. I'm gonna enter in long and see how it goes
GE Grind Up Could Be EndingGeneral Electric Company (NYSE: GE)
What is General Electric Company:
Is a diversified corporation and will its products include from electrical and electronic equipment, aircraft engines, and financial services.
JesusTrades Score:
Sell
Scale Score:
Risky (8/10)
Portfolio Hold:
1 month
GE Today ForcastI'll Update You When Trade Is Active
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
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Disclaimer
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Can't touch this.GE's low was $5.51 a decade ago. It was a much bigger and more valuable company then. There are parts that are still amazing - healthcare, aircraft engines, etc. They should spin off these good parts so they may survive and continue to add value to society. Have to get rid of the inept management. Motorola, Lucent, GE... all bit by the "leadership" bug. Politicians rather than businessmen took over the company.
GENERAL ELECTRIC COthe price is heading towards $5.90
if price breaks $5.90 forcefully next target $5.15
and every time it forcefully breaks a level, the price goes to the next level. (levels in red)
on the other hand if the price breaks the white trend line with force and $6.70 higher, the probability of going for the next level is very high (green level).
GE is doing admirable job holding on to $6.50Should have, would have, could have. Was expecting GE to break the $6.0 barrier and go further south. It has been top 10 in trade volume on the exchanges for a while now. Who is trading it in such heavy volume? I thought that is what the 'dark pools' were for. Why mess with retail traders and clog up the lines? Anyway, I think this will go down with the rest of the market. Till then, sideways.
Not sure how true this is - heard that pension funds, etc., cannot keep shares worth less than $5. If the GE falls below that, it will be penny stock in a flash as they are forced to unwind. Most of GE stock is with such setups. Can anyone in the know corroborate about the $5 minimum?
GE Good Buy Available*Wait for my buy zone above
*Target6.95,stoploss5.95,entry6.12 mentioned above
*aggeressive buyers buy at 6.12
*concervative wait for the reversal
*strictly maintain stoploss
*Risk Reward is 4.5
*Don't miss the opportunity because good R/R
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*Show me your support and thoughts in comments...it'll help me to do more analysis/day
*Good Luck*
GE is in a Downtrend; Looking at Levels and Waiting for An EntryGE is an a clear downtrend. We closed a successful short but are currently neutral.
NOTE:
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STRATEGY USED:
Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
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DESCRIPTION:
1. Fractal Trend is showing a downtrend (background color Maroon).
2. We previously had a successful short signal with Breakaway Scalper signaling short (Red bar color) while Fractal Trend also signaled a downtrend (we only take trades with this strategy when Fractal Trend AND Breakaway Scalper agree on the trend).
3. Currently Breakaway scalper is neutral (Grey bar color).
4. We are looking for potential reactions off of the bullish order block at S1 or the range at R1. Meanwhile, we will be looking at R2 and R3 if R1 does not act as resistance.
5. The only actionable play as long as Fractal Trend is Red is a short signal from breakaway Breakaway Scalper, thus we will be watching the noted levels as possible spots for Breakaway scalper to signal a continuation of the downtrend.