GE is now priced at 5% below its recent ATH. The daily chart shows it to be on a VWAP breakout
over two standard deviations above the mean anchored VWAP originating in 2 and a half years
ago. Price has dipped and pulled back to the midline of the Bollinger Bands and buying volatility
is fading as can be seen on the indicators. I see this as a safe point to add to my GE long
positions of shares and call options. Having trimmed some of those positions 4 weeks ago, I
will add the same amount back in along with 20% extra. When earnings are upcoming in
August I will again look for a pivot high from which to trim again.
over two standard deviations above the mean anchored VWAP originating in 2 and a half years
ago. Price has dipped and pulled back to the midline of the Bollinger Bands and buying volatility
is fading as can be seen on the indicators. I see this as a safe point to add to my GE long
positions of shares and call options. Having trimmed some of those positions 4 weeks ago, I
will add the same amount back in along with 20% extra. When earnings are upcoming in
August I will again look for a pivot high from which to trim again.
Dagangan aktif
Move a little higher on a down general market day- relative strength.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.