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Non-Tech : General Electric (GE)
GE 308.72-0.1%9:30 AM EST

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From: Fintas8/9/2019 10:38:56 AM
1 Recommendation

Recommended By
toccodolce

  Read Replies (1) of 3256
 
GE.. First no position.

Second, this pattern suggests a break in one direction or the other.

The PNF of it's RSI is in O's and is at .21 and near the bottom of it's last registered O's.

That would have me leaning the trend pattern breaks DOWN. That will allow the RSI pattern to add an O or 2.

That works to apprx X % DOWN.

However for those who are long, they could size in or do nada.

OR for those who would rather be early and come in in the 9's. Then the thought process should be, it COULD turn UP from here. It could drop X % to offer a size in or take calls with Y time at Z premium.

OR just sit wait to see and come in lower.

BUT THE BIGGEE... While GE has been working thru many an issue IF they continue to do so there's a 100% move in it. Whether it be off a considered low I see or FROM HERE.

That's not that hard to understand if one considers how it came down. What the incentives are etc.

IMO

BUT is GE going to zero. NAH. Was GE in CRISIS? NAH. Was anyone going to fill my request for 1? NAH. Was anyone going to fill my request for 5? NAH. JUST NOISE.

Ge is a stock that got hit as others have in the past and time is allowing for them to work thru issues. APPLE/MSFT/CAT/BAC/CSCO/WDC. etc had their moments.

IMO

Fintas

10111213141516171819
38.00 38.00
37.00 37.00
36.00 36.00
35.00 35.00
34.00 34.00
33.00 733.00
32.00 XOC32.00
31.00 C3OXO31.00
30.00 BOX9XO30.00
29.00 XOXA429.00
28.00 CXX1528.00
27.00 BOB4OA627.00
26.00 XOXOXO9726.00
25.00 A1XOX8X825.00
24.00 5A1OX924.00
23.00 A2OXA23.00
22.00 9OXOXO22.00
21.00 2X7OXOXO21.00
20.00 XO3O6BOXB20.00
19.50 XXO72OXOO19.50
19.00 4OX3XOX4XO119.00
18.50 XOX16XO15OXO18.50
18.00 X5XOXOOXOXO18.00
17.50 XXOXOC8XXOO17.50
17.00 XO23OXOAOXOXO17.00
16.50 XO1OXOXOXXOXXOCO16.50
16.00 XABOXOXOXO9OXOXBXO16.00
15.50 XOXOOXOXOXOXOXOX2515.50
15.00 9OXO6X8XO9XOOXO15.00
14.50 XXOOXOAO4O14.50
14.00 XOXX7OXO14.00
13.50 XOXO83X6X13.50
13.00 5OXOXOOAO13.00
12.50 XXOOX8XO12.50
12.00 XOX6XOXO12.00
11.50 4OXOX9OXTop11.50
11.00 XXO7XO2O11.00
10.50 XOXOOXOX10.50
10.00 XOXOX3XMid10.00
9.50 XOBXOX9.50
9.00 XOX49.00
8.50 XO1Bot8.50
8.00 XOX8.00
7.50 XOX7.50
7.00 XC7.00
6.50 X6.50
6.00 6.00
5.50 5.50
5.00 5.00
4.75 4.75
4.50 4.50
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