GE trade ideas
GE Cup & HandleCup and handle pattern on the daily, if we see a breakout above 11.00 and re test off that level, then that will be my entry, and 11.50 will be my first target, if we hit that and stabilize again, our next target will be 12.75. Ill update this post as time goes along.
GE - Topping OutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
GE has had a good run so far in 2019. I've made enough money in equity on GE that I am ready to move on. I'm going to leave about 20% of my equity in GE but I will be exiting this asset. There are others that I will start following but that doesn't mean I'm done analyzing this. I think there's a correction phase in the works here and we're finding some support well above the 200 hour MA and today above the 50 hour MA.
There's a wedge formation that is nearing the apex and there's likelihood that we'll break up. As you can see, we printed bearish divergence back in early February but that may have already played out when it for support at $9.50ish.
I have no doubt that you will see prices for GE over $11 this year. Indicators are still looking good which is why I'm keeping 20% in to monitor it.
Trade safely friends!
Good stop loss for GE would be around $9.50 otherwise I'll let it ride.
<3 -CE-
General Electric GE buy signalsMonthly chart: Support zone + Morning Star candle pattern + Coming out of deep oversold on RSI(14) + Side of BB (50,2).
$GE intraday setting up to test 12. Intraday 30 min uptrend is still intact. This is setting up for a bullish EMA crossover to test 12 within 2 weeks.
General Electric Company stock broke resistance, might go upThe GEC stock just broke the resistance line. It might go up. But it might go down. I wouldn't invest in it until there are more signs of improvement.
Ho Ho Ho! A Morning Star for GE, just in time for Christmas! A GE morning star on weekly chart, just in time for Christmas! Bullish MACD and oversold RSI confirms great likelihood of upward price action. Good luck!
Elliott Wave View Suggest More Upside in General ElectricElliott wave view in General Electric (ticker symbol: $GE) suggests that the rally from December 11.2018 low ($6.66) is unfolding as Elliott wave zigzag structure when the first leg of a bounce ended in lesser degree 5 waves structure in wave A at $9.25 high. Down from there, wave B ended 3 wave pullback at $8.56 low. Zigzag (5-3-5) is a combination of 3 waves corrective sequence labeled as A, B, C. The inner sub-division of wave A & wave C consists of 5 waves structure either as impulse or a diagonal. While wave B can be any 3 wave corrective sequence.
Up from $8.56 low, wave C is unfolding in another 5 waves structure where lesser degree wave ((i)) ended at $9.21 high. Wave ((ii)) pullback ended in lesser degree zigzag structure at $8.65 low. Wave ((iii)), also unfolded in lesser degree 5 waves & ended at $10.77 high. Below from there, wave ((iv)) pullback ended at $9.92 low. Wave ((v)) remain in progress in lesser degree 5 waves structure and should be looking to extend higher 1 more push towards $11.15-$12.76 100%-161.8% Fibonacci extension area of A-B before ending the wave C of a zigzag structure in a bigger wave (4). Afterwards, General Electric is expected to resume the downside or should do a 3 wave pullback at least. Near-term, as far as the pivot from $8.65 low stays intact expect stock to extend higher.
GE Showing More Strength?Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
GE has already blown through my two targets after the earnings call the other day. I sold off half of my position but am holding on the other half. Things are just looking too good right now and it doesn't really look like it's going to stop anytime soon. Trend, momentum, oscillators are all pointing up right now.
If we break out of this little wedge we're in, I see no reason why we can't go to $12 or $13. It's hard to believe since GE was sitting under $7 just 6 weeks ago. On track for a 100% gain by the end of Q1.
GE BULLISH LONG TERMREVERSING ON A VERY LONG TERM SUPPORT. POSSIBLE PATH WITH RESISTANCE AND SUPPORT.
GE TrackingWe see a cross on the SMA 25, 100, and 200 on Jan.29 before breaking out of the 9.05 resistance on Jan.30
- Looking for a pull back and eventual run up to ~12.50 In the following month with resistance at 10.50 and 11.65.
- Targeting a channel of support between 11.30 and 12.65.
- SMA 25, 100, and 200 are crossed,
The day after the Up GapThis Up Gap is trading below the closing price after hours; and, there is a 74% chance it will rise to the closing price when it opens in the morning.
