GE Aerospace
Panjang

GE: Huge signal in both weekly and monthly timeframes...

739
Relative strength in GE is through the roof here, and very interestingly it comes while insiders are buying shares, after the CEO was fired and the stock removed from the S&P500 index. These are STRONG bullish signals, and not to be ignored.
The fact the stock broke into new 52 week highs, on big volume, while the market was down sharply is a clue here.
I'll be buying into a half position at market open and looking to add on retrace if viable later on.

Cheers,

Ivan Labrie.

Penafian

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