GE GE Technical Analysis
GE brings to market innovative solutions that deliver essential energy, healthcare and transportation infrastructure. We work with the highest integrity, compliance culture and respect for human rights while also reducing the impact of our technology and environmental footprint.
"It's inevitable"
Like, Follow, Agree, Disagree
What do you think?
I got price going $22 and TO THE MOOOOOOON!
Industry
GEGE brings to market innovative solutions that deliver essential energy, healthcare and transportation infrastructure. We work with the highest integrity, compliance culture and respect for human rights while also reducing the impact of our technology and environmental footprint.
"It's inevitable"
Like, Follow, Agree, Disagree
What do you think?
I got price going $22 and TO THE MOOOOOOON!
Healthcare Critical LevelTechnical Analysis
The 200ema has been tested several times, and has worked very well as a mid-term support level.
Risk reward ratio is easy to set-up with a 3:1 ratio approximately.
Sector & Industry Analysis
It is important to note that the industries inside the sector have different performance, which has been very useful to analyze what the market thinks of the risk of healthcare with the election coming up.
The following list is the Healthcare Industries with a 6-month performance % move, as well as a some good ETF to follow/trade:
Healthcare Technology --> +56% // have not found appropriate ETF.
Biotechnology --> +21% // XBI (smaller biotech), IBB (large-cap biotech), ARKG (genomics)
Healthcare Equipment --> +19% // IHI
Healthcare Providers --> +5.51% // IHF
Pharmaceuticals --> -1.3% // IHE
US30|DOW JONES Bearish DirectionLeave a like below as well as a comment if this is helpful, it is always much appreciated!
FX:US30
Currently the Dow Jones industrial average is at an area of resistance on our trendline and from a weekly point of view, price action seems to be at an area where it has formed a double top.
If price action will continue to reject, we can expect a strong bearish move that could send the index down hundreds of points.
Also there is a lot of uncertainty regarding the election (which takes place next month) that also supports a bearish move.
20200824 FPO (FRA) - Petra DiamondsHello everyone!
Its been a while so, here is a little tip if you are looking where to invest for the next 10 years!
Here's the idea, or what should be logical. Gold and Silver are playing in real high terrain at this point, and you may have seen that all metals (copper included for instance) are rising again, and in the tail of that train you have Diamonds. it takes longer time to go up since its value its not unique. Gems have lot of particularities that gives different value for pieces. Not like gold or silver. A ingot its gonna be the same.
So, this is #PetraDiamond .. right on deep at 6 Months chart..
Again,it is a matter of time.
Hope this helps you out!
Cheers!
-CharterX
RNO Renault ready for 40% gains (29 EUR)On 7/30/2020 both JPMorgan Chase & Co. and Goldman Sachs Group Set Price Target for RNO stocks to €29.00.
If you are interested in an indicator which can deliver accurate buy and sell at a beginning of a candle, not the end of it, like most do, just give me a PM for a trial period. Can be used in every market.
Foresight autonomous holdings bullish flag breakout?Unique technology and competitor of LiDAR. Already strategic partnerships with FLIR Systems Inc., Elbit System Ltd. (high quality standards!) and CORNES Technologies. Could be disruptive in the autonomous technology (level 3 and 4). This company is still in an early stage
$RGR can rise in the next daysContextual immersion trading strategy idea.
Sturm, Ruger & Company, Inc., together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $60,54;
stop-loss — $57,52.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
BARCLAYS 2.0 - STILL STRONGBy popular demand, here are my revised predictions for Barclays over the next month or so.
I will mark this chart as long, but READ THIS DESCRIPTION . I am not indicating that you long from the get go. Please read my thesis to see when and how you should enter these positions.
Barclays hit the initial target I set almost instantly. From there, it's been consolidating, choosing where to go from that area. To me, it seems as if it'll be down, and then up. Stocks don't tend to go up, then fall slightly, and then boost right back up. Tying in with the COVID-19 pandemic, I don't think it's likely that Barclays has the heart to fight through the terrors as of yet.
We can see how well Barclays followed the trendline that I set out. It hit is almost perfectly, but then proceeded to push back upwards from there on.This leaves us in a tricky position.
I can only post one thesis on a chart, although I actually have two.
Number one is one NOT on the chart. The thesis for this is that Barclays continue their run upwards off of the trendline and touch it one again, but then print a divergence and get out of the hole that they are in. I think this is more unlikely because of the traction needed to get out of the area that they're in. Their chart looks similar to HSBC, in that it's not unlikely that they will fall back into the bottom range. However, if Barclays manage to hold the consolidation period they're in, and print a nice push upwards, then it's safe to say we will hit the first (and potentially second) target with little to no effort.
Now for my second thesis. This is the one that's on the chart. As you can see, I have planted two buying zones on the chart. The reasoning for this is due to the difference between CFD and Stock trading. If you trade CFD's, it's more worth it to wait until the 75% zone. If you buy and hold stocks, it's safer to buy into the 25% zone AND the 75% zone should it hit. Use both zones at your own discretion. My prediction is that Barclays will lose the trendline, get trapped underneath it, and then proceed to fall under the line to the buying zones plotted. From here, it will try and reclaim its previous trend by pushing through the resistance; to which it should partially falter and then succeed, I have not included the resistance on here because if you enter in the two zones plotted, it should be rather irrelevant.
Hopefully this thesis gives some of you a clearer idea on what to do in this scenario. A recovery in imminent, but not immediate.
- 𝙇𝙄𝙉𝘿𝙀𝙇𝙇
Helios Technologies on a strong support $HLIOIt is holding on a strong support. Price reaction this week is very critical for its direction. It may bounce back
Airbus is going to drop againAs you look at the Aroon indicator, you can see that its indicating indicision. The price has also been consolidating in the channel(although it had a fake out recently). But what makes sense is that the price is forming a head and shoulder pattern and indicating a break out of the consolidation channel(might happen as a fake-out too). Moreover, the A/D is also showing more and more distribution, although the price has been trending upward recently. All in all, everything is pointing to more drops.
the ultimate investmentYou've heard about GameStop ($gme), now take a look at $tup.
Tupperware Brands Corporation, trading at 6.51$ a share on the Friday close, with an history of down-gaps after earnings plays.
Down over 93.11% from the highs, $tup has definitely taken a beating from its peak Christmas '13, but I'm betting on a big reversal here.
Daily chart shows two gaps on chart, 15.54 and 17.82, first targets for this position.
Three solid points on a down diagonal trend for support and over-all oversoldness, I will become a titan of Tupperware industry.
Top target at 83.85$.
Stop at 5.61.
Aalberts gaining too swiftly and bounces of channel lineAalberts has been dealing with a lot of negative prospects (shrinking of industrial economy Germany hit Aalberts), so a cautious approach to entering positions.
However a classic resistance line is seen around 32.46 and the channel line crosses that line exactly at the top of yesterday's candle.
It might push through to the green top channel line.
The broadening wedge will finally break and usually it is a 50-50 chance of either direction.
ThyssenKrupp AG BUY 20.50After the announcement of the joint venture between ThyssenKrupp and TATA Steel, will help the European seel maker to evade the 25% imposed tariff on European steel producers that the US have announced in the previous month. This fundamentally can boost the price to reach 25.45 in the next 2-3 months, adding on the fact that the price per share is seen as undervalued in relation to industry competitors and the average price of German competitors.
Info possible but not ultimate values:
Entry: 20.50
Take Profit: 25.45
Stop Loss: 16:45
GAME weekly chart: Blockchaining the gaming industry [BTFD]GameCredits
VERY good potential for a x5/6 Hodl here
we all know the gaming industry will undergo big changes and like most other industries blockchains will vital to future growth in this sector
filling bags as near to the red basline as poss
more info:
gamecredits.com
coinsutra.com
What are GameCredits?
GameCredits (GAME) is a digital currency based on blockchain. Its purpose is to become the universal currency for 2.6 billion gamers worldwide, to empower game developers both big and small in order to further grow the 100 billion dollar gaming industry, and to accelerate the wide adoption of decentralized cryptocurrencies as a better alternative to government-issued fiats.
– GameCredits
Breakout re-test Long idea for DSGXThis is my first stock trade idea. I will try to post at least one stock idea per week and at least one FX idea per week. I will briefly share my philosophy on stocks. We want to follow the what the general market is doing. I look to the S&P 500 as my general guide. Right now are in an uptrend, so we want all our stock trades to the long side. Next, we want to focus on the strongest sectors. Technology has been recently out-performing the index, so we want to look for a stock in that sector. Next, we want to narrow our search down to the industry. The software industry has been outperforming the Tech sector. Finally, this particular stock has been out-performing it's own industry, which makes it a candidate for trading. Now we need our charts to give us a valid entry signal. This one will go on our watch list as the price is still moving up. We want to try and get in if it retraces back to test support, so we will set an alert on our platform to let us know if price comes back. For stock trades, I recommend limiting the allocation of each position to about 6-8% conservatively, and no more than 10% if you are aggressive. Since we will hold through earnings and news, etc., we want to limit the chances of one position having a huge impact on our portfolio if we get a bad price gap. As far as the risk per trade, I recommend no more than 1 or 2%. Note that if industry strength tapers off by the time we get a signal, we should cancel this idea, so watch for both price and industry performance as industry has a huge impact on stock moves. It's up to you on whether you want to use a hard stop loss or mental one, but there are obviously pros and cons to each method.