TONCHIMETER: GE MAJOR TREND DOWN but..

NYSE:GE1W

GE AerospaceNYSE

Description

⋅ Jun 11, 2018 5:16 PM

GE MAJOR TREND DOWN but maybe inverse head and shoulder in the making

Comment

⋅ Jun 26, 2018 6:29 PM

bullish potential maybe occurring, especially if 2 up days in a row
to solidify inverse h&s pattern

Comment

⋅ Oct 13, 2018 2:27 AM

Inverse head and shoulder failed. Major trend down remains.

Trend Analysis Chart Patterns

Comments

cculb1

⋅ Jun 14, 2018 3:51 PM

That is a pretty sloppy IHS... And with all their pension liabilities dragging them down, the fundamentals don't look good. It's probably going to close below $14 today (it's around 13.62 right now). It can't keep going down forever though, right? If they can get things reorganized, it seems like quite a bargain in the long term...