After a V shape recovery from the low 6.40s GE has been consolidating in s Symmetrical wedge that has now broken to the upside and its now retesting its previous resistance. After buying at $10.04 with the retest i took a look at the bigger picture and noticed GE has also formed a bump and run formation and broken the down trend line. If we stay above 10.04 our...
I couldn't ignore this chart when I looked at it. I noticed it instantly! 10 years later GE has returned back to the $10 range back from 2009.
GE did a 8 year run all the way to 2017 before falling off heavy for 2 years straight. I did another 8 year projection back to the same level it reached in 2017. I believe it will take this pair less than 8 years to reach...
GE has astonished me for the past few months, especially with CEO Lawrence Culp doing away with the Capital sector, Jack Welch's pride and joy, and still managing to not completely crash stock prices. What is most astonishing is that with one little cup and handle, the downward trend seems to have been reversed, despite most Wall Street analysts calling GE to drop...
One of my earlier newbie TA that I did a few weeks ago but wanted to confirm the resistance level at 10.5. Seems that its trading within a range of between 9 and 10+. GE has seen better days and perhaps, trying to find a new footing. Waiting for ADX to show a more robust and clear upward above 20 with corresponding DI+ before going long. Just a thought.
There is a clear channel that adheres to the peaks and troughs of the sideways trend on the price movement on the daily charts, starting from February 28th, 2019. Both the upper and lower boundaries of the channel have been tested multiple times during this period -- the more times the limits are tested, the stronger the both support and resistance become. The...
widely known secret this is a big pick among my gen.
why yall go against us is beyond me. we are just smarter straight out.
like yall had the internet in your teens and robin hood in your 30s?
exposure is a bish.
kinda funny but i get it as ive been watching since it broke the 10s.
Bull flagging rn. breakout is going to mewn her. Plotted some r for profit taking.
The past several months GE has been either forming a triangle with a breakout happening now, or is continuing to channel. Unfortunately the triangle breakout would occur at 10.60$ which lies within the potential channel. $11.00 is a weak resistance. Volumes are pretty balanced which supports channeling, however, golden cross occurred on June 6 which is bullish....
Go ahead, my flame suit is on! :)
Rising Market - Triangle Correction Pattern
Long in 2019
Sell in Mar 2026
Long in Sep 2028 - Ride this pony until retirement or gift onto your family.
NOTE: Not investing or trading advice, entertainment only!
Likely move to bottom of channel in 10.19-10.22 range tomorrow before (hopefully!) moving higher. Wait till channel bottom to buy and sell in the event of downward channel breakout (in the aftermath of today's Fed announcement).
Investing position about Supply-Demand(S&D) strength: Rising section of high profit & low risk
Supply-Demand(S&D) strength linkage Trend Analysis: In the midst of an adjustment trend of downward direction box pattern stock price flow marked by limited rises and downward fluctuations.
Today's Supply-Demand(S&D) strength Flow:...