Good potential for a squeeze not a day trade looking to hold for a while. "GE said the plans, which follow its ongoing strategic review, will mark a shift in focus towards its power, aviation and renewable-energy businesses and create "a simpler, stronger, leading high-tech Industrial company". This is going to occur in the next 12 to 18 months (news came out this june). Revenues in healthcare/aviation have been strong for GE.
Trade active
Note
Will hold calls till April.
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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.