GE Continued DowntrendNeeds to bounce from this heavy support zone or there's a chance we see sub-$5 GE
GECL trade ideas
Head and Shoulder may be completed? there's also a chance my idea is not valid,but still ill be happy to hear your comments !
on the daily time frame GE has reached to is low Stoch RSI and Stoch.
if you check, on previous cases the stock has rally up on similar cases .
also on the weekly time frame could be we are reaching the completing of wave 2.
in my opinion. i think we can see a wave 3 coming up till ~10$.
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.
General Electric - GE Technical AnalysisThe idea is to wait the end of the price retracement before going long. Prices might get the price level of 6.20 USD before bouncing back up again.
Stochastic shows that it is still on oversold (not yet time to go long)
I WONT ENTER LONG TILL IT TAKES SUPPORT AT PRZ AND TURNSI WONT ENTER LONG TILL IT TAKES SUPPORT AND TURNS FROM PRZ ONLY FOR STUDY PURPOSE
Is G.E ready for a move up?Is G.E ready for a move up? Possibly. if Demand/support holds it just may climb.
Range Building For Longterm. (GE)✌ You're going to want to play the edges of the expanding range and align the Crossover strategy/ the ema dots at those point of reversal or breakouts.
Focus more on the range edge vs the horizontal support and Resistance levels.
Either of these breaks should result in a longterm position for play. The green support on the range is very critical and must hold as a long term support level.
Tight stoploss for reversals.
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
GE General IdeaChart looks ugly, it failed to flip previous resistance on the bounce.
Stock is one bad trading day from melting down.
$GE Busts the Sloped Supports Following Fed Floor FingerGE offers connoisseurs of financial horror plots a good opportunity to indulge: If GE debt is downgraded from here, the volume of paper will nuke the lower tranches in the US corp space and force the Fed to go from "ridiculous mode" to "ludicrous mode" to keep the ship afloat.
At present, the Fed's 0% 2022 projections on Wednesday trap-doored this one under the trendline supports.
