Beta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
high risk trade right here, but this could be the start of painting a bullish divergence reversal on the daily. lets see where it takes us or if bull can push through this
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...
Nearly two years of decline can be completed. In the exchange rate, it is possible to identify a so-called 2 and a half wave sequence that follows the exchange rate steadily during its two-year course. Therefore, there is no reason to deviate from this. This means that the wave structures in motion (regardless of the direction) consist of 2 whole and half wave...
GE has been on a steep decline but is advancing to a BIG reversal. There is potential for more than 100% in growth. There isn't enough momentum for the downtrend to continue as the bulls are slowly taking over the bears. Please let me know if this was helpful in the comments. please leave a like and follow me if this was a profitable idea and of some convenience...
GE
