Hello Traders, Hope you all are doing good!! I expect this stock to shoot up from around 65-70 price level after completing the correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL &...
My Level: Long off $102 Why: Previous lows, 200D SMA, Monthly & Quarterly pivot Closed above the 50D SMA. I don’t know if the market is gonna gap up or down tomorrow. I want to be prepared if it comes into 200D SMA, I wanna be live there
Would either like to short an emotional spike into the underside of the 20d/50d or I would look to short pops if we were to lose the psychological 100 level which would also be last week’s lows.
MY LEVEL: 100.70 WHY: Off the 200d SMA and previous day low.
MY LEVEL: 101.30 WHY: Quarterly Pivot, prior support
Om Namah Shivay GE EW analysis in lower time frame. The structure is a WXY structure. the W5 of 5 wave Y is little complex. Correction from 12 jan ( 13 trading days (16 days) ). One wild suggestion of next move can be, the x is in the making and an ABC down. but there are invalidation lines where the break can give direction. This is for educational...
General Electric Company NYSE: GE Looking Bullish go For Buy trade
The stock is trading at a very crucial juncture. The RSI is indicating a sideways trend, important support pivot level is 8.75, below this point the stock may falter and selling may set in as the stock may start to move down in A-B-C pattern. On the flip side a good close above 9.30 may change the course of the trend GE may start trending up. For greater insight...
- $GE is ripe for a bounce back towards $19 from the 61.8% Fibo retracement level - RSI (weekly) is in O/S state and exhibiting positive px/momentum divergence