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
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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