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Non-Tech : Kirk's Market Thoughts
COHR 185.70+2.2%3:59 PM EST
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From: Fintas9/20/2017 3:40:00 PM
2 Recommendations  Read Replies (1) of 26729
 
GE: Using a PNF of it's RSI. The RSI closed at .633.

The chart shows the next O down to be at the .6042

And if one wants to consider one box even lower then one looks at the .5675

OK.. So let's look at it from a % point of view.

What does it take to go from that .633 to .6042?


What would it take to go from the .633 to .5675?


Multiply it off the close of 24.30 ish and there's what it would take to get to either number.


HMMM I'm gaming a 5% or 10% off just a 24 would be $ 1.21 and $ 2.43.


Neither take it to 19.44

Consider the strings I use counting down from 24.30-1.62 = 22.68
22.68-1.62= 21.06.. GIve or take .54 as I suggested and to me that's possible. Not concerned re a divi cut.

And as one considers the fib retrace off the 19.44 to 33.03. HMMM unless one expects a 100% retrace then 19.44 is still hard to get. Not saying it's not possible. Let some event like BSC take place or other and anything is possible for a large cap as GE that would be hit.

So take a peek at the pattern and as you do the FLIP side as I've long stated I expect the 1.065 to go.. the 1.134 to go. Hmm that's a 50-60% UP.

Over time I expect GE RSI challenge the 1.60. OFF a .633 or even a .56 ish that's a 100-140% off a 24 which is under my target of 55-60. Take the price lower and the % increase.

To me it's very simple as it was when I took it at 9.11 what stock or other offers 100-150% in the next 2-3 years. We can see what GE did off it's lows or the 9.11 to the 33.

Here and now GE is now offering a nice upside for those who want to go LONG and for those who want to trade it. Well the ranges is defined. IMO

Fintas

95061116
9607
97
98
99
00
6.6144 6.6144
6.2107 6.2107
5.8316 5.8316
5.4757 5.4757
5.1415 5.1415
4.8277 34.8277
4.5331 XO4.5331
4.2564 CO4.2564
3.9966 XC53.9966
3.7527 A1XO3.7527
3.5236 3OXO3.5236
3.3086 C3983.3086
3.1067 8O7O3.1067
2.9170 74XO42.9170
2.7390 7OXAXO2.7390
2.5718 6OBXO2.5718
2.4149 5172.4149
2.2675 AB2.2675
2.1291 7732.1291
1.9992 61XO1.9992
1.8771 CBXO1.8771
1.7626 7C451.7626
1.6550 5OXO1.6550
1.5540 1OX91.5540
1.4591 XCB1.4591
1.3701 11.3701
1.2865 O1.2865
1.2079 O1.2079
1.1342 21.1342
1.0650 O491.0650
1.0000 OXO6O11.0000
0.9390 OXOXOBO0.9390
0.8817 3XBX2XO0.8817
0.8278 OXB7X20.8278
0.7773 OC50.7773
0.7299 60.7299
0.6853 70.6853
0.6435 90.6435
0.6042 0.6042
0.5674 0.5674
0.5327 0.5327
0.5002 0.5002
0.4697 0.4697
9091930102030508091012141517
95061116
96

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