GWaves

$GE | Down But Not Out | Great Buy Coming Up

Long
GWaves Updated   
NYSE:GE   GE Aerospace
General Electric is fast approaching a major support level defined by my model and supported by historical levels. This will be a great long term buying opportunity.
Comment:
GE coming into smaller time frame support zone. Model still suggests 8.62-6.13 as major support. Updates to come as this progresses.

Comment:

Reaction off of Smaller Time Frame Support. Still no signal for reversal. Watching closely.
Comment:
Original forecast still in force.
Comment:

Major Support has been hit. My model has defined this zone as a High Probability Reversal Area. Buys should start coming in defined zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.