GE 4HR POIIts not time to buy shares for GE. PUT Option trades for the moment. Wait till it bounces off of blue horizontal bar.
GEC trade ideas
$GE millennial and their hodl techniques are going to mewn thiswidely known secret this is a big pick among my gen.
why yall go against us is beyond me. we are just smarter straight out.
like yall had the internet in your teens and robin hood in your 30s?
exposure is a bish.
kinda funny but i get it as ive been watching since it broke the 10s.
Bull flagging rn. breakout is going to mewn her. Plotted some r for profit taking.
Will General Electric Run for Another 8 Years? Check it out! I couldn't ignore this chart when I looked at it. I noticed it instantly! 10 years later GE has returned back to the $10 range back from 2009.
GE did a 8 year run all the way to 2017 before falling off heavy for 2 years straight. I did another 8 year projection back to the same level it reached in 2017. I believe it will take this pair less than 8 years to reach back to the same level.
If this stock does take 8 years to recover than we should be looking around 2027 to reach the $30 per share range.
All in all I believe this is a very solid stock to invest in.
(Please comment and give your honest opinion.... Thank you)
GE to retest 10.12 resistanceThese are 15min candles, so relatively short term. Descending triangle (green lines) signals increase in price within the next week. Big resistance at 10.12 (top yellow line), stock bounced off that level on May 22 and on June 4. Descending triangle also forms the beginning of the handle for a cup and handle, which is a strong signal for a breakout in price. We could see a retest of 10.12 if that’s the case. If not, a retest of 9.52 could also happen.
Blue arrows indicate what I think could happen, gray arrows indicate what may occur instead.
Keep in mind GE has been in a slump for the past 3 years, so we can't expect it to break that trend for nothing.
GE - potential to retest previous high of $11.50GE is forming a nice wedge pattern. If it breaks the upper trend line, stock could retest the previous high around $11.50. It has a good support at $9.
General Electric Buy SignalThe Trading Chaos Expert has identified me that the price has formed a bullish divergent squat bar on the daily chart of General Electric shares. This signal, reliable as it is, is supported by Elliott wave structure, which is marked on the selected chart. Going long using pending levels that are marked on the chart.
Bearish Trend in General Electric (NYSE)There is a formation of a bearish trend with at least 3 bearish touch. Also, there is a moving average confirmation of the trend as well as a retest of the trend line after breakup
Conditional long200 EMA acting strongish price over the last few weeks have made many systemic attempts to break this but the bears have denied the bulls, however it is heartening to a cluster of supports due to some rangebound behavior. Supports at 9.80 where ema 50 sits and then another support at around 8.80-9 which was the april 15th low and closing price respectively. If 10.40-10.50 breaks decisively our first target will will be between 11.29-11.70 where 11.20 was the swing high made on 25th Feb which was coincidentally a rejection of the 200 ema resistance, 11.70 is a crucial level as well as it was the closing price on oct 24th 2018 which was one candle before the relentless downtrend began
Gotta keep an eye on GE for the next weeksit kinda feels like the sleeping giant is about to wake up, might be worth to put some money now, but would wait for the bounce zone 1 to be broken before going all in thought
GE share prices bounced back with supporting volumeGE shares have breached 10.26 resistance price line in today's session and now attempts to push through 10.39.
A break above 10.39 could see share prices continue to 10.61
GE share prices could head down to retest 10.00 support price line if it fails to hold above 10.26
$GE $9.50 Does not mean it's good value, still room to fall. Stephen Tusa is regarded as somewhat of a god in the GE analyst community. In 2016 he projected the fall in GE then priced at $30 . Since then he has been pretty flawless in his analysis and his opinion is that GE is still overvalued, his price target of $6 is becoming more and more realistic. Until he changes his views it is very difficult to see how the stock can rally as his track record is so good.
