Generalelectric
Bullish GE Trend With Key Resistance Levels 2 Month ForecastGE has broken out of it's descending channel and has now shown a strong reversal and bullish indicator. This first quarter will be a beast as the new CEO takes reign and focuses on balancing the books. GE will become the comeback kid of 2019!
General electric double bottomDouble bottom on daily, could go long on the retest of the neckline. Next confirmation is break of 61.8% at level 11 and 200SMA. Weekly seems like the stock has bottomed for now and will begin the rally towards the weekly downtrend line. Earnings coming at the end of the month, GE is expected to do better but it had trouble surpassing expectations. Counting on winter demand for electricity for heating could boost its financials.
GE New CEO... new era!Most of you already know that I added this asset in my portfolio looking for $32 a share within 5 years. How do we get it? Basically a real growth of 0.1% this year and 1% the next one. About the EBITDA, I'm expecting a revenue of 14% this year, and it will be completely attainable hold 17% average the next years. So as you can see, this share is quite underweight but it means a real potential over 100% profit. My PV for this year is $18.73 a share (more than 50% profit from where it is today).
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Main Idea:
Learn how to beat the market as Professional Trader with an ex-insider!
Have a Nice Trading Week!
Cream Live Trading, Best Rega
Well, after all I would put some dollars in GEAfter all, I would put some dollars rolling in GE for the next 5 years.
Entry: coming days, I'd like around 13.
Target: 32.
SL: <11 - >10
Potential: >1.2%
Learn how to beat the market as Professional Trader with an ex-insider!
Have a Good Trading Week,
Cream Live Trading, Best Regards!
This indicator SAVED YOU HUGE on GEBuy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot -0.78% -6.68% -7.44% -7.44% appears after that green dot -0.78% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
We could get a big(ger) discount on a great companyWhat company is the only one that was in the DJIA 100 years ago and still often ends up in?
Better, what company was in the DJIA back in 1896 and the only one that is still in the USA, did not get bought by another company, did not die, did not become smaller...?
They have survived that long, and grew. In 2000 the company was worth 600 billion (900 billion inflation adjusted), making it one of the biggest of all times, still far behind Saudi Aramco (Apple looks cute in comparison). Afaik the biggest oil company ever is the arab one at over 4 trillion (Standard Oil was in the 1-2 area).
I think the record thought... during the period of the Tulip Mania, the Dutch East India Company was worth 78 million Dutch guilders, which translates to a whopping $7.9 trillion in modern dollars.
Anyway, General Electric is a "wonderful company" right? I can only recommend reading about them, making sure nothing too crazy is going around.
This is actually similar reasoning to what Buffet did with Coca Cola in 1988, which made him immensly rich. But maybe he just got lucky...
Seriously, that company survived 2 wars and only grew bigger, they survived the SEC, the american justice system, and they are down 80% from ath.
If we get a recession soon (next 2 years) and the price goes even further down, yet the company still keeps doing its thing, and we get to buy at like 5$... Come on lol
If this happens I will look and try to find more about them & also check did whatever bad news circle around them already happen to GE? How did it react, etc.
Regardless, if it goes really low something like 2.50 and the revenues are still way up there and the company is not shutting down... I mean, the risk is very low and the potential reward would be amazing? Would not even have to go up to ath, 25$ would be a 1000% return, plus these juicy dividends...
If investors leave does this even matter to them? They do not sell shares to raise funds do they? Would need to check that.
Oh ye, easy mode activated by the way: if it keeps going down with a strong bear trend, and then you suddenly get a spike in price: institutions are buying heavilly obviously they are the only ones that can stop trends like this. Good guys did the homework for us and know this is a great company.
What to look for next is for another leg down, hopefully with divergence, and then we buy. We do not care if the price keeps going down because this here is value investing not trading.
The institutions do all the hard work, we just sit there and play video games, and we get to buy in cheaper and get better returns :D
If the price keeps falling, it is a chance to buy more lower (you only used a few percent of your wealth to buy so you have plenty of money left right?) NEVER USE LEVERAGE this is for idiots only.
And people complain that institutions are all powerful and idk what other conspiracy theories. Institutions are my b*tches and I rob them on a daily. Nothing beats being a super mobile quick agile individual that answers to no one.
Couldn't ask for a better setup in GEAccording to market analysis along with historical knowledge of market behavior as it responds to the final stages of bull rallies, GE appears to be setting up for its next bull rally.
Currently it is at what appears to be near the market bottom, therefore upside potential greatly outweighs the risk of downside volatility .
* As always, this is for educational purposes only*
Let me know your thoughts!
Good luck trading,
Zerotozeros12
GE slowly reaches the end...Nearly two years of decline can be completed. In the exchange rate, it is possible to identify a so-called 2 and a half wave sequence that follows the exchange rate steadily during its two-year course. Therefore, there is no reason to deviate from this. This means that the wave structures in motion (regardless of the direction) consist of 2 whole and half wave structures. Of course, this is the distance of the ATR of that particular motion side. If we start from this mathematical model, it can be seen that GE's rate is based on the last decreasing wave structure. The target price may end somewhere between 8 to 10 usd. We are expecting a rising structure from there. GE's more distant target is 25 usd. Therefore, in this hope, you need to enter trading.