NYSE:GE - Strong Buy

Just broke resistance at 9.

Earnings call on 1/31.

Methinks they're getting the chainsaw out.

What's left of GE when they're done will be profitable.

 

There's a valid YOLO trade in a OTM put IMO.

 

yolo the same as carpe diem?

 

Looks like it could be good for at least $2 more anyway.

Complete turn around probably not - at least not anytime soon.

 

$8.79 was close on 1/17/19, then went to $10.88 high close for the year (so far) on 2/27/19.
2 bucks and change.

 

Good ol' GE.

 

No major news. It has a big resistance in 10.75, also shown in the heatmap. I think the price will go down back to 9 and maybe less.