General Electric Stock AnalysisPrices are moving inside the channel the idea is to go long as they are close to the bottom flat trendline.
Target Price might be 8.00 USD
Fundamental Analysis.
This stock is highly influenced by the relationship USA / China. Before investing in GE, it is better to watch out the sensitive equilibrium between those two Economic Powers.
GE..B trade ideas
$GE All systems goHere we see $GE breaking out of a falling wedge and now forming a descending triangle ahead of earnings. It looks like a lot of pressure is coiling especially when i see that this stock has one of the highest volume on options today. A lot is being wagered that this will be going up. The indicators also seem to all be bullish. I'm in for the short term. The floor IMO is around $6.50 I personally went LEAP on this and plan to exit prior to earnings. This isn't advice just an idea i'm executing.