GE currently in quite a nice upward channel. Setup simply rides the channel when resistance level hit. Entry 30, Stop at 28.83 (just below previous low), Limit 32.83
Goodrich Petroleum close to bottom resistance of the upward channel. I propose long entry at about 14.85. First stop is quite aggressive at 12.50 (small position) and 2nd stop less so at 11.54 (bulk of trade).
History shows that ETA to 2nd profit target is about 100days from entry date.
