GE BULLISH LONG TERMREVERSING ON A VERY LONG TERM SUPPORT. POSSIBLE PATH WITH RESISTANCE AND SUPPORT.
Trade ideas
GE TrackingWe see a cross on the SMA 25, 100, and 200 on Jan.29 before breaking out of the 9.05 resistance on Jan.30
- Looking for a pull back and eventual run up to ~12.50 In the following month with resistance at 10.50 and 11.65.
- Targeting a channel of support between 11.30 and 12.65.
- SMA 25, 100, and 200 are crossed,
The day after the Up GapThis Up Gap is trading below the closing price after hours; and, there is a 74% chance it will rise to the closing price when it opens in the morning.
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
GE BUY - LONGER TERM INVESTMENT (GENERAL ELECTRIC COMPANY)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the continuation pattern that its forming on lower time frame and watch strong price action for buy.
GE BUY - LONGER TERM INVESTMENT (GENERAL ELECTRIC COMPANY) Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the continuation pattern that its forming on lower time frame and watch strong price action for buy.
Long GELong after a double bottom bounce off March 2009 support. The signal is generated after the December 2018 candle closed as a doji at a key level signalling indecision, followed by a strong bullish engulfing January candle that has not closed. Nevertheless it took out the prior 7.95 candle high with a strong price action.
Entry is 9.06 the January 18th close, stop at 7.24 bellow the November2018/January2019 candle lows, and a 12.73 target for a 2 RiskReward.
$GEAfter a 5-Wave structure down, $GE is currently on an ABC upwards,
Wave C should go up and reach wave 4 territory.
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!!
LONG GE Electric GEThis is good opportunity to take LONG position in GE.
This Analysis is educational purpose only.
GENERAL ELECTRIC COMPANY (GE): Pivots, Supports & ResistencesFind Winning Trades In Seconds >> efcindicator.com (Special Discount)
GENERAL ELECTRIC COMPANY (GE): Pivots, Supports & Resistences
Bullish GE Trend With Key Resistance Levels 2 Month ForecastGE has broken out of it's descending channel and has now shown a strong reversal and bullish indicator. This first quarter will be a beast as the new CEO takes reign and focuses on balancing the books. GE will become the comeback kid of 2019!
