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GE Aerospace
Long
Updated

GE is approaching a key resistant level at $11.35

138
snapshot
My trading hypothesis is that GE reaches $11.35 before Christmas and then consolidates while waiting for its upcoming earning.
I will be aggressively trading it if it undergoes significant pullback (<10?).
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What next for GE?
snapshot
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Argus - price target is raised to $14.
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wkly chart assessment: Resistant line is around 13.3
snapshot
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a lot of bullish swing traders are waiting for pullback. snapshot
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GE options are very liquid and have rich premium. snapshot
Note
A beat in cash flow is more than enough to keep the bull train rolling.
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KhanhC.Hoang
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Technical IndicatorsTrend Analysis
KhanhC.Hoang
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.