I couldn't ignore this chart when I looked at it. I noticed it instantly! 10 years later GE has returned back to the $10 range back from 2009. GE did a 8 year run all the way to 2017 before falling off heavy for 2 years straight. I did another 8 year projection back to the same level it reached in 2017. I believe it will take this pair less than 8 years to reach...
I'm just showing you the similar pattern to Ford when I mentioned the buy on it. GE is pretty cheap.
The Trading Chaos Expert has identified me that the price has formed a bullish divergent squat bar on the daily chart of General Electric shares. This signal, reliable as it is, is supported by Elliott wave structure, which is marked on the selected chart. Going long using pending levels that are marked on the chart.
General Electric Co. (NYSE: GE) is expected to report its first-quarter results early on Tuesday. Overall, analysts anticipate earnings of $0.09 per share, as well as $27.05 billion in revenue. Shares traded at $9.57 on Friday’s close. The consensus price target is $12.61. The stock has a 52-week trading range of $6.40 to $14.99. Off Technicals we see it finally...
Have a great day
Are we ready to bounce and test $10.00 resistence again?
The game-plan since December has been to prop these markets up at all costs; the PPT joined with the 6 largest wall street banks, Trump called a "buy the dip", the FED turned dovish, and off to the races we went. For the DOW to continue higher, they need Boeing to be propped up. I envision a classic blame misdirection onto GE/Safran, the manufacturer of the...
From a macro top-down framework, the current environment heavily favors the bears. The leading data continues to show expected weakness in the economy over the coming 3-6 months. I would love to hear your feedback, have a wonderful day!
I believe a hawkish Fed will be a policy error but it will help regarding trade negotiations.
Good evening everyone, Lets take a look at G.E stock, as we can see on the weekly chart the stock is going in a very long downtrend since APR 17 , i believe we might've reached the bottom now, As we can see price finally went out up of the channel, above the 10.0 psichological level. The entrance should be evaluated on the daily chart, what do we...
A chart perspective of Boeing.
From a top-down view of the economy, we are seeing an expansionary environment albeit at a slower pace. Using net income versus operating expenses Facebook is the cheapest its been since its inception back in 2012. Near term headwinds are likely to prevail in tandem with the broader averages and a near term target of $144 is likely before we move higher into our...
Quick follow up from last week, AMD is looking very weak. We are likely to see a breakdown today which will open up the $12 target on this final C wave lower.
Expect a #DoubleBottom to form on NYSE: $GE | #GeneralElectric! There may be some upside left, so be sure to ladder in SHORTs... ....or begin taking profits if you are already in a LONG position!
GE is currently hanging out around the .5 Fib level, could easily see this breaking back to 12.13 in the near future. TP1: 11.15 TP2: 12.13 SL1: 9.76 SL2: 8.88