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.
Potential gain:12-14%
Reward/Risk:3.5
Timeframe: 1-4 wks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
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GE Technical Analysis
GE brings to market innovative solutions that deliver essential energy, healthcare and transportation infrastructure. We work with the highest integrity, compliance culture and respect for human rights while also reducing the impact of our technology and environmental footprint.
"It's inevitable"
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What do you...
It may be the case that GE is in a strong up trend. I'm expecting price to hold current support and push up past the most recent resistance. I'd like to see this happen within the next 2 weeks.
So, why $14? Old resistance suggests that this price could be the next area for price to find resistance. This resistance was created late May, then tested again in late...
*increased revenue and earnings!
First target: 13.15
Call option target price:12 , For 19 Feb (0.13)
Please take your time and do your own research..!
Option trading expose you to very high risk of losing your capital.
After retracement to the golden zone between 0.618-0.65, GE looks to head for a gap fill for wave 3. There is bullish divergence on the RSI on the hourly and with a solid hammer candle on the daily. A break above $11.15-11.20 would confirm a breakout. Break below $10.70 would invalidate wave count
GE brings to market innovative solutions that deliver essential energy, healthcare and transportation infrastructure. We work with the highest integrity, compliance culture and respect for human rights while also reducing the impact of our technology and environmental footprint.
"It's inevitable"
Like, Follow, Agree, Disagree
What do you think?
I got price...
GE has put in a daily bull flag, with the Monday (2/22) break above the trend and the Tuesday (2/23) retouch of the line and return above the extension is valid as of right now.
You could say conservatively that the pole of the run goes from 7-11 making it a $4 dollar extension. With current price at around 12.8 we could see a run to 14.8 and 16 respectively....
I am by far no expert, just having fun charting and seeing patterns... Pre March Covid crash, GE was in an upstream, which got halted by the crisis, rattling it down stream towards the bottom of the cup, where it traded sideways, until about late Sept/Oct where the two straight lines intersect, whence an upstream trend started until about early December where a...
We are looking for a bull flag confirmation on GE Daily Chart. We will be very careful for anything that is below $10.42 on the close.
So far we are just seeing a pull back to 10.82 and waiting for further confirmation.
I have price testing the resistance zone which is going on now. I can see price dipping down $10.63 - $10.99 which is a support zone to then testing $11.60 and up. For this company, it seems as if price always tests a resistance before dipping. We might be on pattern. I dont expect nothing crazy like Gamestop but get in where you fit in! Two opportunities coming...
Short Term Elliott Wave view in General Electric (ticker: GE) suggests the rally to January 13 high at $11.91 ended wave (3). The stock is now in wave (4) pullback and the internal is unfolding as a double three Elliott Wave structure. Down from wave (3) peak, wave ((w)) ended at $11.25, bounce in wave ((x)) ended at $11.65, and wave ((y)) lower ended at $10.87....
GE typically trades with air lines and BA as the main provider of turbines etc. but this year I believe GE will be an epic turn around story.
I like GE for MANY reasons but as the new administration comes in with a focus on clean energy we know GE will be a huge player when it comes to wind energy. I don't believe this is factored in to the stock. Internally,...
PFE is an enormously profitable company that is not in fashion with the momo crowd or the new kids chasing sexy names. It is however an A+ company with staying power and good dividend yield, a better alternative to bonds in today's near-zero interest rate. As SPY correction is highly likely, it is perhaps a place to park some cash.
Also, the market has shown...
