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GE Aerospace

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GE Showing More Strength?Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. GE has already blown through my two targets after the earnings call the other day. I sold off half of my position but am holding on the other half. Things are just looking too good right now and it doesn't really look like it's going to stop anytime soon. Trend, momentum, oscillators are all pointing up right now. If we break out of this little wedge we're in, I see no reason why we can't go to $12 or $13. It's hard to believe since GE was sitting under $7 just 6 weeks ago. On track for a 100% gain by the end of Q1.
NYSE:GEEducation
by bitdoctor
The price action this week for GE was very interested.The price action this week for GE was very interested. While we closed at $9.16 this trade is still risky and hence if we trade below $8.00 we will re-evaluate our bullish status.. The major risk this week is the forthcoming earnings for General Electric. I do not expect it to be great and hence will focus on the guidance given by management for 2019. We have seen a few important changes from our trading systems. While the Primary Trend is still bearish, our Secondary and  Short Term Trend  is now Bullish
NYSE:GELong
by globalfinancialengineering
2
The Edison's Company (GE )wants to break $9! Will they achieve??Hi people! The General Electric Company is trying to break out the $9 insistently!!! After the worst crisis since 2009, GE found the mega support at $6.65 and failed to breakout above the $9 several times. Up to now we still don't have the propper signals to confirm that. We can see lot of blue candles (Elder impulse system) in the 8,8 to 9 area. This means the momentum of bulls decrease in this area so there are still lot of doubts to confirm a break out. I trust that GE finally will breakout and recover from this terrible crisis but WHEN??. Probably the best way to trade here would be to wait GE finally breakout the $9 and wait patiently to retest it as a support. Be aware! Be caution! another fail in the $9 could bring GE to the mega support again! Good luck!!
NYSE:GE
by alvarotms