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NewYork888
Nov 13, 2018 2:22 PM

GE This Name Will Become One Of The Best Value Plays In Years  Long

GE AerospaceNYSE

Description

Title says it all BUT NOT YET THERE - PATIENCE - A Potential 1000% Hit with some patience to wait for the correct entry #stocks #trading #fintech

Comment

We are NOT buying this morning 12% bounce on the JO Morgan Upgrade but it does tell us we are on the right track - Patience.

Comment

JP Morgan that should read
Comments
Bullion_Money
Whats the target for a buy (am also waiting for GE)?
NewYork888
@Bullion_Money, Where no one thinks it can ever get to $1
GIULIO80
what about GE now?
NewYork888
@GIULIO80, Personally looking for a retest of the $5 area but who knows if so its a great value play
GIULIO80
@london55555, ;)
Simon_says
Keep waiting, maybe you are right but I will stick to my analysis

NewYork888
@Simon_says, Im pretty sure we're saying the same thing - we're looking for GE at $1
Simon_says
@london55555, you said "long" on the plot!? that was a bit confusing. What is your opinion on Gold and Silver?
NewYork888
@Simon_says, We posted a chart a while back on SLV looking for a drop to $8.50 then taking off like a rocket - we write our own algos thats where the nunbers comes from other than GE is an exception it's a mix of our algo and management outlook etc - thanks for your comments
NewYork888
@Simon_says, p.s. we said "long" meaning we would not short it here but would rather wait for the right price to get long
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