KhanhC.Hoang

GE is approaching a key resistant level at $11.35

Long
KhanhC.Hoang Updated   
NYSE:GE   GE Aerospace
My trading hypothesis is that GE reaches $11.35 before Christmas and then consolidates while waiting for its upcoming earning.
I will be aggressively trading it if it undergoes significant pullback (<10?).
Trade active:
What next for GE?
Trade active:
Argus - price target is raised to $14.
Trade active:
wkly chart assessment: Resistant line is around 13.3
Trade active:
a lot of bullish swing traders are waiting for pullback.
Trade active:
GE options are very liquid and have rich premium.
Comment:
A beat in cash flow is more than enough to keep the bull train rolling.

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