GE Aerospace Shs Cert Deposito Arg Repr 0.125 Sh
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Long GE Through 2022 In The ChannelGE is potentially working on it's third bull channel here thanks to their CEO; Henry Lawrence "Larry" Culp, Jr.
Larry had a fantastic history at Danaher corporation before moving into his current role.
Larry is highly incentivized to raise GE's stock price... He will net $47m for a 50% increase in price, and $300m for a 150% increase. I would expect him to figure it out...
Things get interesting past ~2022. If Larry is incentivized to hit ~$18, then what happens after he does so? I wouldn't expect a test of the last peak at ~$31.75. Will GE keep making lower lows?
Super high chance of hitting 12$ in the near termThe 6$ line is solid support gained from the monthly timeframe and the 12$ line is what i call soft resistance (a lot of activity here). What really is weird is how it closed on Friday. Check out the blue line, it was support and now is dead on resistance confirmed on Friday's close. Coincidence? Hmmmm. With all my oscillators pointing up and volume increasing i think it's primed for a hell of a break out. One can be conservative and straddle this but a big move is coming and my money's to the up side. 12$ within a month or 2. Let me know what y'all think :)
GE ABout to Double upWell Folks seems to me as if GE is getting ready to get back on its feet. ON 1 August 2000 GE was valued at 58.15 at its highest point and ever since seemed to be failing. That loosing streak that GE was in since the 2000s seems to be fading away very quickly. After December 3rd 2018 2 more lower lowes. 1st October 2020 to me is a jstart of many more wonderful gains on company such as GE. DYOR Not intended to be investment advice.
Long term "Go" flagged on General ElectricLast week flagged a “Go” trend for the first time since the crash in March on GE. We can also see that current price action has moved above the resistance set by the runaway gap.
The GoNoGo Oscillator led this change in trend by breaking above the zero line several bars ago and rallying into positive territory on heavy volume.






















