Tuesday, 13 November 2018
Technical Analysis of General Electric (NYSE: GE): 13 November 2018, Tuesday, 11.18am Singapore Time
Technical Analysis of General Electric (NYSE: GE):
13 November 2018, Tuesday, 11.18am Singapore Time
(Click on FFA Chart above to Expand)
Attached is Technicals of General Electric (NYSE: GE). Following my Funds Flow warning that smart monies were selling and shorting GE long term in early 2018, GE is indeed relentless in its collapse in price. One should still hold on to one's GE Shorts. As reiterated and maintained, this short-selling trade has got to be the best hedge for one's portfolio of longs/investments. Target price remains at $1.00, as maintained previously when GE was way above $10.00. This represents a -90% drop in prices. Maintains that GE is a highly profitable strong short-sell on rebound (Hedge longs using GE shorts).
Previous Funds Flow Analysis of General Electric: