GE AerospaceShort
Danger of being kicked out of DOW 30 constituents list
Ever since GE hit the all time high of around 60 USD back in Sept 2000 and got sold off subsequently, not able to stage a comeback of any sort..
Fundamentally: GE has ventured into many non-profitable business which is reflected in the stock price
the stock price has been in a SOLID downtrend channel line
If this channel holds true until its next bottom which is around 10-12 USD...
it faces the potential danger of being replaced by another better performing stock as DOW 30 constituents list
Fundamentally: GE has ventured into many non-profitable business which is reflected in the stock price
the stock price has been in a SOLID downtrend channel line
If this channel holds true until its next bottom which is around 10-12 USD...
it faces the potential danger of being replaced by another better performing stock as DOW 30 constituents list
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.