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..! You’re likes and comments encourage me to...
*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.
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....
General Electric looks bullish for 2021. Possible 100% gain. Looks like a weekly breakout for GE, targeting a possible 100% plus gain. NYSE:GE NYSE:GE
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.
The Idea is to go long but only if the 10.4 USD support level will not be broken. NYSE:GE
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...
The Idea is to go long but only if the 10.4 USD support level will not be broken. NYSE:GE
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
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,...
Not feeling great about this but the options are so cheap it is worth a shot.
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...
The Idea is to go long but only if the 11.3 USD resistance level will be broken. The other option is to wait the end of the price retracement and when it reaches the 8 USD go long again. 9 and 10 USD might work as support for a new rally. NYSE:GE
-Possible inverse head and shoulder pattern setting up -Large gap below to $8.14
The Idea is to go long but only if the 13 USD resistance level will be broken. The other option is to wait the end of the price retracement and when it reaches the 8 USD go long again. 9 and 10 USD might work as support for a new rally