Can the CFO news be the savior for Ge?For years general electric has been struggling for the stock obviously, the stock has been crawling into single digits. It’s shooting star on the day and week . on January 27, 2020 it will report earnings and, let’s see if General Electric has a pulse or still on the edge of death
GE trade ideas
GE - Again bringing good things to life!Like this stock chart. GE has held its recent breakout, is consolidating nicely and appears to be under accumulation. It is however short term overbought and MACD is turning over. Suspect that we will see the $10.60 area but this looks like it wants to get back to the breakdown area that defines the upper FIB levels. Another 2020 turnaround name for me. Like this for a buy and hold.
$28,441,700,000 Concentrated Hedge Fund Bets On AmericaStarting in the 4th quarter of 2018, Eagle Capital Management -- a highly concentrated hedge fund for it's size -- began aggressively buying General Electric, and it looks like their investment is paying off -- for now; but one can only speculate what is truly stirring underneath this classic American icon. Is this the next AIG, and more importantly, will it be the catalyst that triggers the next financial crisis?
GE Short Setup - 1:4 Risk to Reward / RISKYGE daily chart shows weakness. I am expecting a pullback to $10.50. I can buy some puts for this. However there's no reversal signal yet. If I wait for a confirmation, the risk to reward will be less. I have decided to buy the risk.
GE SHORT TRADE SETUP
Entry: 11.39
Stop-Loss: 11.60 (0.21)
Take-Profit: 10.56 (0.83)
Risk to reward: 1:3.95
Winning probability: Less than 40%
NOTE: I am not very comfortable with the stop-loss. During the trade, i can move it up to 1:2 Risk to reward. That's why I'm not going to risk more than 1% of my account.
Disclaimer: This is not an investment or financial advice. Please do not copy my trades.
Remember to follow me.
Trade safe,
Atilla Yurtseven
Three Percent Trade Idea: Go long GEHere is a great opportunity to pick up GE .
At Three Percent Trades we have a price target of $13.00 / share, which is a potential upside of 42.2%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Moving average here we can see a moving average of 18 ( red line ) and a exponential moving average of 9 ( black line ) in 30 minutes in General electric stocks . it was a good opportunity for a short operation , because we can see that the exponential moving average of 9 is bellow the moving average of 18 ( a death cross ) .
Head And Shoulders GE stockIn the next chart we are getting an upper trend which follows to the beginning of the head and shoulders pattern. The second the trend line break at point A and gets an upper trend again, could mean the double top pattern or a head and shoulders pattern. As soon as the trend changes and changes but it doesn't touch the resistance line we can appreciate at point B it starting to form the ''head'' of the pattern making a higher high on the chart providing enough information to continue our pattern Then we place our strategy and wait.
$GE Looking Better Technically and Fundamentally$GE is now trading above its 200-day moving average and has made a series of higher lows. After a solid quarterly earnings report and improved Free Cash Flow, $GE looks much better from a fundamental and technical perspective. If $GE closes above the 200- day moving average, we believe institutions will start coming back into the stock. We think new 52 week highs could be come sooner rather than later considering many had written $GE off.
As always, trade with caution and use protective stops.
Good luck to all!
GE WeeklyGE is poised to make a nice bull run. They've made a habit over the years of slowly climbing then crashing down. This is no different. They went from a high of about 27.50 to 6.40 in a matter of about 18 months. With a trend of higher lows over the last few weeks, we can anticipate GE will start making a run back up.
was it...As GE Goes So Goes the Nation? ....im just thinking GE might break out from this level and move up a good bit. As i thought about it i realize the equities are back up to high levels. So im thinking maybe GE and the broader markets will all breakout together.
comments pro or con always welcome