Long $GE CMP $105.94. Repeating trendline breakout pattern. Possible target $115.25
General Electric was once a massive power producer. Back in 2017, turbine manufacturing was the company's biggest business. Then it all went downhill. A turbine design defect (now fixed) forced potential power producers to put their purchase plans on hold. And then clean natural gas power began to lose its popularity as alternatives to solar power became more...
General Electric moves to the alternative electric technologies and break out weekly MA 200. This is good signal and start of the feature run. Good point to enter on retracement to the $10.75-12.35 levels with first target at $20 and $26.8
-Potential 14% rise! -Following the trend-line perfectly -Shares of General Electric Co. GE, +1.74% shot up 4.0% in premarket trading Tuesday, after the industrial conglomerate reported second-quarter profit and revenue that beat expectations, and surprisingly generated positive free cash flow. -On a net basis, the loss per shares narrowed to 14 cents from 26...
Consolidation could be broken upwards with a minimum target of 16.80.
Entered calls (shown by ellipse) this morning after seeing the break from the downward trendline and a retest on the MA. Using a lower timeframe to see the momentum. Expecting more from this trade. Trade smart and have fun! SLAM the like button and the ask! Cheers!
We are in a consolidation, and the 13.19 is a ceiling for GE, while the 12.94 is a floor. According to Al Brooks, 80% of the breakouts are going to be false, so we must be careful. The time to buy is near the support, but there’s a chance we’ll see a breakout from the 13.19. We have a possible advanced breakout in the 4h chart, and if confirmed, this can make...
Latest set of zigzags seem like a whole bunch of flats taking up quite a bit of fibtime. This is classical of a Wave 4. A careful count confirms this at an eagle eye view. If that assessment proves to be true, then we have one more move up, and given the moves already made, it might be quite a big one comparatively. Fibonacci goals are in green, reversal or...
XLI, the Sultan, was the ultimate DOW mover. He ruled over everyone including hedge fund managers. Tuesdays action to the upside was great but gave it up at the end of the day. Wed and Thursday continued to the downside. On Friday, the Sultan tapped the 8 day EMA and came back up but closed below previous day high. The issue with XLI is the channels are...
-GE Stock Is Having a Great Week. Thank Airbus. -An improving commercial aerospace business appears to be the reason for recent gains. On Thursday, Airbus (AIR.France) announced plans to increase output of its A320 family of jets. The European airframe assembler says it will build 45 jets a month by the end of 2021, up from about 40 jets a month now. -The big...
Take position above the blue box! No position yet.
After a massive uptrend ride, GE took a break during the past two months leaving a clear bullish pennant. MACD its looking gorgeous right now. - OPPENING POSITION: 13.5 - STOP LOSS: 12.75 - TAKE PROFIT: If we are thinking on a swing trade, 14.40 (+7.6%) would be a decent profit. But, I believe that its a great position for a long term. Lets check once we...
Hello! Friends, - This would be a great short Opportunity, IF NYSE:GE breaks down the Daily Support line at $13.16 ( with a WHOLE DAILY Candle ) !!
My advisor Marketmiracle has generated a signal of purchase on the stock General electric to the price 13,06 with a target 13,50 with a potential profit of 3,37% the signal is supported from a trendline of along course that is supporting the prices and from the interest of the great investor on the Stock that is increasing ( yellow wave ) Considering the low...
Showing some reaction off Demand Zone, If we catch some momentum, we can break out of this descending pennant and move higher