GEV | Long Earning Setup + DZ Rejection +TL Breackout

GEV has been chopping sideways in a high-volatility consolidation after a major uptrend. The current drop into a clear Demand Zone around $584–$570 was met with an immediate reaction, suggesting institutional absorption and a potential base forming.

Price has wicked into this Demand Zone, The reaction looks impulsive and we may be setting up for a leg higher targeting the previous Supply Zone.

🧾 Earnings

Last Earnings (Jul 23): EPS $1.862 (beat by 16.48%), Revenue $9.11B (beat by 3.44%)

Next Earnings (Oct 22): EPS Est. $1.715, Revenue Est. $9.15B
Watch for pre-earnings run-up or volatility spike around Oct 22.

Supply Zone: $652–$665 (key resistance for sellers)

Demand Zone: $570–$584 (institutional bid zone)

RSI: Bullish divergence forming – lower lows on price, higher lows on RSI

🎯 Trade Idea: Long Setup

Entry: $607.00 (confirmation bounce off Demand)

Stop Loss: $584.45(below Demand zone)

Take Profit: $658.53 (prior Supply)

Risk/Reward: 1:2.3

💼 Risk Management

Max Risk: 1–3% of capital per position

Adjust position size accordingly based on SL distance (~$15 risk per share)

📊 Trade Management

At 1:1 RR (~$600.25): Consider moving SL to Breakeven

Trail SL on 1H higher lows if momentum builds

Partial profits around $640 zone if needed


"Amateurs focus on rewards. Professionals focus on risk." – Jack Schwager

⚠️ Disclaimer

This is not financial advice. Always do your own research. Trade based on your personal risk tolerance and trading plan.

#GEV #SupplyDemand #LongSetup #EarningsPlay #Wave3 #RSIDivergence #RiskManagement #TradingViewIdea