GE trending down before earnings!It looks like with the triple top pattern and the squeeze GE is headed for new lows before earnings.
GE trade ideas
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.
General Electric GE stockI expect $6 or $7.8 to act as good support zone and $11 as the nearest target.
broke big previous resistanceRSI high but i still believe we can hit 9-10 end of week, lots of 12-14 june 19 call volume, personally have 9 dollar june 12 calls, goodluck :)
GE @ $6 once again. Will it hold this time?Speculative position trading, risk on ur own. I'll wait for downtrend on 1H to break and then I might start to build my position for mid-term long. Buy @ $5-6, SL $4, TP $8, $11, $15.
