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Non-Tech : General Electric (GE)

GE 308.70

-0.1%

Nov 3 3:59 PM EST

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From: Fintas

11/5/2019 10:08:46 AM

1 Recommendation

Recommended By
toccodolce

of 3256

GE'S RSI. AS I recently stated I expected it to turn to X's as I use PNF.

And it has! Has to be luck or perhaps I understand those X's and O's.

As one can now see looking at the chart below, there is now an area at .2502 to tag and while SOME will continue to think GE is heading back to it's lows and SOME will sit there praying for those X's to turn to O's to give them the opportunity to get in lower.

Well we shall see.

I'm an optimist that looks for signs of improvement.

I could also put up GE's RSI against it's peers to show how it is doing compared to it's peers.

But I won't.

I will sit back and watch it move to areas I consider and as I do say to myself.

To this day I've yet to read a mea culpa from the jerks that stated Amazon wasn't going to make it past 2003 because they were going to run out of money.

BAC had 60 BILLION or was it 160 BILLION in lawsuits to address and they were going bye bye. Did I see BAC recently touch 32. Long ways from BYE BYE.

I'm on record. I'll say it again. GE's BOTTOM IS IN.

BTD on weakness.

IMO

Fintas Oh once GE does punch thru that .2502 area what's a reasonable number to the upside? You decide. I already have.

90	91	93	01		02		03		05	08	09		10	12	14	15	17	19
			95							06				11			16	18
			96							07
			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			3																			4.8277
4.5331			X	O																		4.5331
4.2564			C	O																		4.2564
3.9966			X	C	5																	3.9966
3.7527			A	1	X	O																3.7527
3.5236			3	O	X	O																3.5236
3.3086			C	3		9	8															3.3086
3.1067			8			O	7	O														3.1067
2.9170			7			4	X	O	4													2.9170
2.7390			7			O	X	A	X	O												2.7390
2.5718			6			O		B	X	O												2.5718
2.4149			5					1		7												2.4149
2.2675			A							B												2.2675
2.1291			7							7	3											2.1291
1.9992			6							1	X	O										1.9992
1.8771			C							B	X	O										1.8771
1.7626	7		C							4		5										1.7626
1.6550	5	O	X									O										1.6550
1.5540	1	O	X									9										1.5540
1.4591	X	C										B										1.4591
1.3701												1										1.3701
1.2865												O										1.2865
1.2079												O										1.2079
1.1342												2										1.1342
1.0650												O	4		9							1.0650
1.0000												O	X	O	6	O	1					1.0000
0.9390												O	X	O	X	O	B	O				0.9390
0.8817												3	X	B	X	2	X	O				0.8817
0.8278												O	X	B		7	X	2				0.8278
0.7773												O				C		5				0.7773
0.7299																		6				0.7299
0.6853																		7				0.6853
0.6435																		9				0.6435
0.6042																		A				0.6042
0.5674																		O				0.5674
0.5327																		O				0.5327
0.5002																		B				0.5002
0.4697																		O				0.4697
0.4410																		C				0.4410
0.4141																		1				0.4141
0.3888																		O				0.3888
0.3651																		2				0.3651
0.3428																		3				0.3428
0.3219																		O				0.3219
0.3022																		8				0.3022
0.2838																		9				0.2838
0.2665																		O				0.2665
0.2502																		B	2			0.2502
0.2349																		O	X	O	B	0.2349
0.2206																		O	X	O	X	0.2206
0.2071																		O	1	4	X	0.2071
0.1945																		O	X	8		0.1945
0.1826																		O	X			0.1826
0.1715																		C				0.1715
0.1610																						0.1610
0.1512																						0.1512
0.1420																						0.1420
0.1333																						0.1333
0.1252																						0.1252
	90	91	93	01		02		03		05	08	09		10	12	14	15	17	19
			95							06				11			16	18
			96							07
			97
			98
			99

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