If you haven`t bought GE ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of GE General Electric prior to the earnings report this week,
I would consider purchasing the 105usd strike price in the money Calls with
an expiration date of 2023-11-17,
for a premium of approximately $5.20.
If these options prove to be profitable...
General Electric Company’s GE unit, GE Vernova’s Gas Power business, and Harbin Electric (“HE”) secured a contract from Chinese State Development & Investment Corp., Ltd. (“SDIC”) Jineng (Zhoushan) Gas Power Generation Co., Ltd. to deliver two gas turbines. These turbines will be installed in a new combined cycle power plant at the Zhoushan archipelago in Zhejiang...
Entry: with price at or slightly above 117.97
Volume: with volume greater than average
Target: 125.35 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 117.97 & target of 125.35, a stop at 114.24 gets you 2/1 Reward to Risk Ratio.
This LONG ...
General Electric Company - 30d expiry - We look to Buy at 111.71 (stop at 108.71)
The primary trend remains bullish.
There is no clear indication that the upward move is coming to an end.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 111.54.
We look to buy dips....
Analyzing the options chain and chart patterns of GE General Electric Company prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $3.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
General Electric is a diversified technology and financial services company. It operates in a vast array of sectors including power generation, aviation, healthcare, and financial services. Headquartered in Boston, Massachusetts, it serves customers in Europe, China, Asia, the Americas, the Middle East, and Africa.
Over the past six months, General Electric's...
TA levels of interest for NYSE:GE
Please note that this is a preliminary research paper and you should continue to do your own research (DYOR). Information about assets can change rapidly, and it's essential to stay updated with the most recent developments.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment...
General Electric...
There was a time when holding an investment in GE was as American as apple pie
Then came the glory days of Jack Welch and his yearly layoffs
After Jack ran out of people to layoff and morale to crush, Two Jet Jeffrey brought in a new regime
and a new dose of pain...
After billions of market cap erosion and share value destruction GE seems...
Buy Jun-02-23 $101 Strike Puts @ 1.47 Limit to Open
Candle bounced off the top SR channel, for a down turn to the next zone. Tight strike for quick ITM zone. Expires the following week from entry date.
The PEAD projected a bullish outlook for GE after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 53.85%.
General Electric, the old behemoth of the American Industry.
Since 2016, half the time GE ended a year with negative profit. At other times profits were less than 8%, all combined, not very good, to say the least.
But, from 2019 to 2022, GE has aggressively reduced its massive debt. Although a drop in equity occurred as well, the debt reduction was more...
NYSE:GE #GE epic multi year descending wedge. Broke above $90 resistance. Could see it heading to that upper trend line around $121 area. Risk of downside is a retest to $90 which will become a support.
General Electric's multi-year bear may be showing signs of slowing, while the trend is still down the bulls are starting to sniff around. Getting close to it's 2009 low and at these prices the Dividend Yield of 4% is looking pretty good. Note the diverging indicators in the lower pane suggesting gathering strength in price action. Might be worth a longer term...
