Is General Electric (GE) a Good Stock To Sell? That is why! Today we will look at a detailed analysis of GE from a technical and financial perspective. I tried to keep this analysis as simple as possible. You can see further details in the video analysis. Thank you and Good Luck!
GE looking for a bottom in wave C. Looking at ~6 to 6.3 for bottom based on wave structure right now
Further upside expected after Capitulation and depleted supply ....... I will use a simplistic method of Wave Analysis as waves are subjective. However, price levels will be used as a countermeasure to offer objectivity in an attempt to keep the right side of the market
GE - Long entries. 6.02, 5.89 (layer entries) Stop loss - 5.49
See prior update below
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
This a follow-up to the GE idea about the downtrend it started on May '17 through May '18. GE just broke down another support level at $12.60 after failing to even test the $14 mark. Right now the support break tells us that the stock is still weak, but it is still a little early to call it a bankruptcy confirmation. The stock is weak and would not be a great idea...
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...
Strike 15. Busy with the trades. AAOI did good, TWLO sideways, AMZN stoped. That's my update. Thanks for watching.
Psst. This might be short-term market sell-off proof, look at its 2016 price action lol. Why? www.finviz.com TA Bullish THE STREET IS BULLISH! WRITE ":P" in the comment section below if you like this one XD Watch www.youtube.com <--- only thing is this is real :P