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GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., ISHARES MSCI EMERGING INDEX FUND, DRONE USA, INC, INVESCO QQQ TRUST, SERIES 1
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GE shares have trended down all year with a lack of demand. The stock price reflects the troubling fundamental picture. Shares will stay under pressure until this theme reverses.
Hi friends! Welcome to this analysis on General Electric! Let's get right to it! Looking at the weekly GE chart, you can see that the stock has been in an absolute state of collapse, since early last year. However, the technicals are getting VERY interesting. Looking at the chart, you can see a pink rising trendline that is coming in form the left side of the ...
Selling bullishly skewed premium in the beaten down GE with the possibility of an assignment of shares with a cost basis of 7.33/share (a 9.5% discount over current price). Filed for a 1.67/contract credit.
Max Profit: $167/contract
Max Loss/Buying Power Effect (On Margin): Undefined/$171/contract
Break Evens: 7.33/10.67
Title says it all BUT NOT YET THERE - PATIENCE - A Potential 1000% Hit with some patience to wait for the correct entry #stocks #trading #fintech
GE is pretty fucked. Broke the long term trend line this summer. Has been tanking ever since. So long GE, it's been nice knowing you.
I might buy some in the $5.76 to $6 range to take advantage of the "double bottom" false rally. Expect to sell the rally at $12-14.
SL is the you're fucked box. Stop loss @ $5.60 (assuming you buy at or under $6.
Then will ...
short term bearish, if it breaks under 6.50 itll be in free fall. for now im seeing it bounce off those levels and retrace to previouse POC
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot ...
if we follow the pattern, the drop in 2000 was 70% and in 09 85%. i expect it to drop 92.5% from the peak of 32 dollar in 2019
Long term forecast for General Electrics/GE.
Please watch this video:
"My investment in GE is 'one of the biggest mistakes of my career'"
Share prices of GE are correlated with global stock market crashes.
It means we just entered a phase of a global economic ...
General Electric has had a rough 18 years With downtrend while the rest of the market has set New highs.
I will buy at this area for June 2019 Calls.
Rsi is in the teens on the monthly.
Divs if we bounce here
Macd looks like sh!t
But my oh my is this bottoming out. i doubt the ones calling $6.00, anything around that 8.00 flat is pay dirt.
Long on GE
I fully anticipate this going down to around 5.73, with a slight relief bounce around 7.60 the way down.
GE seems to be on a big historic support level.
I can see this going up from here. Maybe retesting support before reaching for next resistance level.
GE almost on 2009 level (5.38)
I think market will not get that low since the 2009 level was the results of the Crisis.
After a bullish confirmation for 1-2 days market go up
Updated chart shows GE is still in downtrend. Reiterating target of $8.
On March 21, 2018 I posted:
As the saying goes “the bigger the drop, the bigger the need for repair.” Ex - all items, GE’s cash flow has not grown since 1994.
Just back 3 - 4 years ago GE -1.24% was producing ~ $24 billion in cash flow. Using Basel III 2.27% agreement TCE ratios, GE ...
Long term GE out look
Targeting a short-term bounce on GE here, typically these blue chip stocks when in heavy over-sold territory at a minimum show some short-term recovery when fear and PERCEIVED risk is high. Good opportunity to play the bounce here.
Disclosure: I have no position in GE.