Ryanhasoptions
Short

Fibonacci Retrace

NYSE:GE   GENERAL ELECTRIC COMPANY
GE             has seen a huge squeeze up on huge volume and a positive earnings beat. The top of the trend has been clearly marked with a shooting star inverted hammer . I would also like to note that GE             saw huge volume in options contracts on Tuesday with nearly 300,000 contracts being traded in what looked to be a covered call at the 35 strike price. I expect GE             to retrace to the .5 or .618 level which would give me a target of 26.90 and 26.25. Long term I think GE             will continue to rise, but as of now GE             looks poised for a slight retrace.

Thanks for viewing and please drop some comments.

-Ryanhasoptions
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out