timwest
Short

General Electric GE 5Day Chart Shows Why I Love To Short GE

NYSE:GE   GENERAL ELECTRIC CO
208 1 4
Here is the power of TradingView -

Fundamentals show falling revenues and falling margins.

Valuation levels are near extreme levels of 2 x's sales. See Price/Sales Per Share Window at bottom.

Without ultra-low interest rates by the Fed, I doubt GE             would be close to current valuation levels.

Sell call options against GE             if you are forced to hold GE             . If you have an extremely low cost basis, then sell IN-THE-MONEY call options or AT-THE-MONEY call options for as long as possible.
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
timwest PRO
2 years ago
This idea is working exceptionally well. GE is flat while the market is up. Call options sold against long positions have dropped considerably in value and generated additional returns. This is the power of TradingView.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out