GENERAL ELECTRIC COMPANY COMMON STOCK NYSE:​GE

After nearly 22 months of lower lows, GE is finally showing some promise. It's going to be a long road. At this scale expecting 27.77 within 1 year of this publish.

Keep it simple. So this one is fun to chart. I've found a 20 year wedge that has fallen back into play. You can see we broke back into the wedge after a 4 year false breakout.. that's rough. I'm seeing a ton of buy signals on the MONTHLY, but momentum is still bearish, peaking out though soon to be bullish. Ichimoku is still in the bearish zone, turning ...

Leveling off and preparing to finish the year strong? I think so. But it isn't about being right or wrong. It is about making a decision and knowing where you are going to get out before you take your position. NYSE:GE

$GE was kicked out of the DJIA, this is a massively bullish contrarian signal. It is very clear we have seen the bottom here. With the new CEO shaking things up already, the only problem in sight is the mountains of debt the company has. Definitely worth a punt, given the huge reward to risk ratio here. You may try a tight stop, with small risk in the trade if ...

General Electric is fast approaching a major support level defined by my model and supported by historical levels. This will be a great long term buying opportunity.

Finally breaking out of the downtrend with nice engulfing....

This is a quick summary of this GE idea, but GE started its strong downtrend on May '17 and it started to slow down in May '18. That's 1 year with a ~52% loss, in other words a very strong downtrend or crash. It was a discussion I was having with a fellow member and I decided to share it as an idea rather than keep it to myself just because of how interesting the ...

GE should take a dive and test near 11.69 in weekly base and trade there a while in order to gain momentum and volume to take an up swing and sky rocket!

GE bottomed out at $12. Starting to uptrend. Just crossed above 50 RSI. EMA 15 upcross confirmation present. Stop loss beneath support ~ 2%. Target at previous known resistance. Good RR ~ 4.

Nice start to a trend.

EP: $12.55 TP: $13.03 SL: $11.81

Long term trend followers dream. Buy it, hold it. break out to 2000 peak about 4900% or around 20% annualized. pretty solid

Guidance

I'm playing with this chart in an effort to identify a new pattern for the trend reversal I believe we're about to see with GE. I'm watching GE on the monthly as this one is a long term play but I'm bullish on GE for the next 5 years. There is a possibility that GE could lose 25% of its value and wind up in the ~$8 range or even lose 50% of it's value winding up ...

Watch and Learn, Folks

Failed to rally at the 61.8 fib level. Next stop $9.95 ?

Will the bears win and send GE towards 2008 lows? What will happen to GE if the market will turn? Things aren't looking good right now...agree?

The weight of the world has come down on GE. Can it find a base at Fibonacci support levels or are we set for another swing lower?