don't go long until it pass $13.45 if it brake that level than you good to go,
1st target is between 2 and 3 months of wait
2nd target is 4-5 months
3rd target 8 to 12 month
GE is heavy to move but the movement is clear.
you probably will get it to 3rd target with a different age tho but it is good investment.
Good afternoon Traders,
Today we made a few weekly GE plays playing the continuation.
Plays Made:
- $6.5 Call 5/22 and 5/29
Looking to grab much longer-term contracts ASAP.
Potential Plays:
- 6 Month Play | GE $10 Call 9/18 @ $10 Per Contract
- [Far out the money ] 6 Month Play | GE $19 CALL 11/20 @ $3 Per Contract
Do not trade this, not financial...
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
As the market looks like its rebounding from the coronavirus scare I'm looking at longing GE. It has some positive fundamentals right now along with an ascending triangle forming. I also like the bullish hammer candle from last week which is why i'm jumping in a little early as opposed to waiting for the 3rd touch at the top.
GE has broken out of it's descending channel and has now shown a strong reversal and bullish indicator. This first quarter will be a beast as the new CEO takes reign and focuses on balancing the books. GE will become the comeback kid of 2019!
As far as I can interpret the facts from the chart, I would say that there's a potential support for this Stock.
You see the confluence point from a couple of potential support levels like the Fork, the horizontal, the over- and under shoot level etc.
If you want more details check out my TradingView blog where I post the step by step analysis, from the clean...
