Levels of Interest $GETA levels of interest for NYSE:GE
Please note that this is a preliminary research paper and you should continue to do your own research (DYOR). Information about assets can change rapidly, and it's essential to stay updated with the most recent developments.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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GEC trade ideas
GE- Oh The Glory DaysGeneral Electric...
There was a time when holding an investment in GE was as American as apple pie
Then came the glory days of Jack Welch and his yearly layoffs
After Jack ran out of people to layoff and morale to crush, Two Jet Jeffrey brought in a new regime
and a new dose of pain...
After billions of market cap erosion and share value destruction GE seems to have found its sea legs..
And its about darn time
LONG GE.....FINALLY
General Electric AnalysisGeneral Electric, the old behemoth of the American Industry.
Since 2016, half the time GE ended a year with negative profit. At other times profits were less than 8%, all combined, not very good, to say the least.
But, from 2019 to 2022, GE has aggressively reduced its massive debt. Although a drop in equity occurred as well, the debt reduction was more significant with debt/equity dropping from 3.34 to 0.96, year after year. Exceptional. It seems something like this would require major restructuring and a highly disciplined business practice, which is a great feat in and of itself considering the depth of business abyss GE was dealing with.
Even though there is a long way to go to steady income and healthy finances, I am looking forward to the next chapter of this great giant. It will, I'm sure, at least bring us a lot of good business excitement, and possibly, the ever so thrilling story of rags to riches - again.
Have a Great Day.
$GE Multi-year bear showing signs of slowing or even turning.General Electric's multi-year bear may be showing signs of slowing, while the trend is still down the bulls are starting to sniff around. Getting close to it's 2009 low and at these prices the Dividend Yield of 4% is looking pretty good. Note the diverging indicators in the lower pane suggesting gathering strength in price action. Might be worth a longer term investment at these prices. If earnings are a strong beat I expect the start of a longer term bull.
GE reversing to down trend SHORTGE has been trending recently off a base of consolidation after a downtrend. In the last session,
the reversal began. The 15 minute charts shows price riding the upper bands of the anchored VWAP
in the overvalued and overbought zone. The support resistance indicator of Luxalgo shows that
price bounced down from the resistance zone. The stochastic RSI shows bearish divergence and
loss of strength. I see this an opportunity for a swing short trade which will be synergized if the
general market takes a downturn in the week upcoming. I will play this with put options with
10 DTE at a strike a few percent above market price and look for 50 % return in the 5-7 trading
days upcoming. I will sell a few days before expiration no matter to avoid time decay affecting
the potential profil.
GE Could Beat Inflation (Not Financial Advice)Testing more lines...
These scenarios aren't applicable if GE has any monthly close below 60 USD.
Near term (<2 year) target would be at or before 100 USD. Long term (~3 year) target is at or before 120 USD.
But, this is only a test & not financial advice... More explanation if we do not close below 60 USD this month.
GE TechnicalsGE entered it's 5-year horizontal sell zone today. Here's notable levels on the GE 1 week chart because GE is a slow mover, and it can take a long time for a bearish reversal. Except for an overnight newsworthy current events surprise drop. Plus, I included longer term options data. The two bearish options that stand out to me are the 4/21 expiry Put/Call Volume Ratio 3.77 and 6/16 expiry Put/Call Open Interest Ratio 1.93.
5-year horizontal trend levels:
R3 = $93.55
R2 = $83.66
R1 = $73.77
pivot = $63.88
S1 = $53.99
S2 = $44.10
S3 = $34.21
3/17 expiry options data:
Put Volume Total 554
Call Volume Total 832
Put/Call Volume Ratio 0.67
Put Open Interest Total 56,901
Call Open Interest Total 54,039
Put/Call Open Interest Ratio 1.05
4/21 expiry options data:
Put Volume Total 400
Call Volume Total 106
Put/Call Volume Ratio 3.77
Put Open Interest Total 4,364
Call Open Interest Total 8,356
Put/Call Open Interest Ratio 0.52
6/16 expiry options data:
Put Volume Total 336
Call Volume Total 611
Put/Call Volume Ratio 0.55
Put Open Interest Total 53,802
Call Open Interest Total 27,868
Put/Call Open Interest Ratio 1.93
Long term GE hold? $GENYSE:GE
Taking a look at GE here
still at decent levels and when you zoom out you can really see where the potential could take you
at least 60% upside as a long term hold here imo
this isn't a trade this is a buy and hold without a doubt this is something that could take years to develop but if your patient? could double your investment in a few years.
Happy Trading
GE : Is General Electric a Good Stock To Sell? That's Why!Is General Electric (GE) a Good Stock To Sell? That is why!
Today we will look at a detailed analysis of GE from a technical and financial perspective.
I tried to keep this analysis as simple as possible.
You can see further details in the video analysis.
Thank you and Good Luck!
GE(General Electric) - What Should You Know About GE?GE(General Electric) - Beware of GE
As you can see from the chart, the price is near a strong resistance zone.
When the price was tested in that area in the past, we can see strong bearish price reactions.
The resistance zone located near $90 pushed the price down several times time
starting from May 18, February 20 (covid-19), March 21, June 21, and November 21.
The initial price reaction may again be aggressive and may push the price down again.
Usually, these are areas where sellers are well positioned on the daily chart
and even buyers think the price won't rise more and they tend to close profits.
So we are dealing also with strong profit taking areas.
Many times the sell-off begins also earlier in these situations when many want to take profits
even earlier before the price will reach the resistance zone.
At the end of the day, a strong reason will be needed for the price to exceed $90.
Thanks and Good Luck!