GE still correctingGE looking for a bottom in wave C. Looking at ~6 to 6.3 for bottom based on wave structure right now
GECL trade ideas
GENERAL ELECTRIC (GE): Bearish Continuation
GE broke below a rising channel on 1H.
this breakout matches with a violation of a horizontal 6.87 structure support.
taking into consideration that the current midterm trend is bearish,
here we have a perfect trend continuation opportunity.
initial goal:
6.55
GE to 8$yo yo happy Sunday. I am creating some new tickers so hope they help. GE mirrors BA stock pretty closely. Based on the bounce at the 0 on the Fib I am predicting a full 180. All the way to the 1 line which is at 8.5. After that I am not sure. I have drawn lines of where I think it will stay. If you choose to buy the stock or do some calls then I'd give it a week out so shoot for 7/17. GE is a good stock for long term but for some quick prof I would do some calls at 7 or 7.5. You can probably swing these during the week during a low to high day :)
thats all. hope it helps :)
this is not trading advice. I am learning and I am simply pointing out something I see. I apologize in advance if they do not come true.
General Electric $GE "H&S,Bottom"$GE is forming unconfirmed head and shoulders,bottom. watch for $8.56 for a breakout.
12 months Consensus Price Target: $9.30
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
GE, buy Put for 40% profitGE, buy PUT $7 Aug 21st
I assume no responsibility or liability for your trading and investment results whatsoever and under any circumstances. The sole and exclusive maximum liability to me for any damages or losses shall solely be dissatisfaction to the user. The risk of loss in trading securities, options, stocks, futures and forex can be substantial. Securities involve risk and are not suitable for all investors. Consider all relevant risk factors, including their personal Financial situation, before trading. Past results of any individual or trading system published by me are not indicative of future returns. It should not be assumed that the methods, techniques, or indicators presented in these products and services will be profitable or that they will not result in losses - trading and/or investing in the stock and options market is risky due to the leverage involved and may not be suitable for all investors.
Maybe this one if the market continues upSitting on the 50 day sma, could be a slow or quick move here
Juicy investment opportunity! General Electric sharesGeneral Electric, monthly chart: 11 years old(!) support zone + Side of Bollinger Bands + Divergence inside another divergence
$GE falling wedge low risk high reward long entry $GE falling wedge with coinciding bullish divergence on both MACD and RSI
GE Continued DowntrendNeeds to bounce from this heavy support zone or there's a chance we see sub-$5 GE
Head and Shoulder may be completed? there's also a chance my idea is not valid,but still ill be happy to hear your comments !
on the daily time frame GE has reached to is low Stoch RSI and Stoch.
if you check, on previous cases the stock has rally up on similar cases .
also on the weekly time frame could be we are reaching the completing of wave 2.
in my opinion. i think we can see a wave 3 coming up till ~10$.
GE is a solid company. which i cant see right now the option of bankrupts.
adding the 4th of july coming up.
General Electric: Worst case scenario coveredFor General Electric shareholders.
There is a risk of a further decline if negative fundamentals will keep adding up.
Psychological level still plays role of a support.
Breaking below PL might trigger short-term panic sale.
In that condition, the next demand point for a assumed reversal would be anywhere price touches 1.618 fib channel.
Accumulating more would be a solution because GE is already on the lowest levels since 2009. As it declines more people are willing to buy at this cheap price range.
RSI and MACD indicators are confirming the oversold condition of the stock.
General Electric probably found a solution to gain it's shares! In order to make the long-time expected up trend it needs one more down as I illustrated on the chart. Anyway if you are looking for a good opportunity to invest in, (I strongly suggest) it is a time to get in.
I assume that it has a high potential to reach 40$ per shares in 2-3 years. It means, You can make up to 800% of profit without doing nothing but waiting.
it's just a technical wave analysis but this investing opportunity could make
you a ton of money in the long run. Cheers
$GE HCHHe said, "All things pass into the night"
And I said, "Oh no sir, I must say you're wrong, I must disagre...
LOL
El HCH está ahí...
GE looking to go LONG Swinging it babyInverted head and shoulder about to be form
looking to enter a call option near MA 50
target neck line and higher
GE trending down before earnings!It looks like with the triple top pattern and the squeeze GE is headed for new lows before earnings.
