KhanhC.Hoang

GE is approaching a key resistant level at $11.35

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KhanhC.Hoang 已更新   
NYSE:GE   GE Aerospace
My trading hypothesis is that GE reaches $11.35 before Christmas and then consolidates while waiting for its upcoming earning.
I will be aggressively trading it if it undergoes significant pullback (<10?).
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What next for GE?
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Argus - price target is raised to $14.
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wkly chart assessment: Resistant line is around 13.3
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a lot of bullish swing traders are waiting for pullback.
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GE options are very liquid and have rich premium.
评论:
A beat in cash flow is more than enough to keep the bull train rolling.

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