When Ge Healthcare Technologies Inc. ($GEHC) Moves Investors should Listen
December 10, 2023, 19:45 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GEHC
- Buy GEHC slightly over 63.96 target 72.8 stop loss @ 63.78 Details
The technical summary data tells us to buy GEHC near 63.96 with an upside target of 72.8. This data also tells us to set a stop loss @ 63.78 to protect against excessive loss in case the stock begins to move against the trade. 63.96 is the first level of support below 68.52 , and by rule, any test of support is a buy signal. In this case, support 63.96 would be being tested, so a buy signal would exist.
- Short GEHC slightly under 72.8, target 63.96, stop loss @ 73.01 Details
The technical summary data is suggesting a short of GEHC as it gets near 72.8 with a downside target of 63.96. We should have a stop loss in place at 73.01though. 72.8 is the first level of resistance above 68.52, and by rule, any test of resistance is a short signal. In this case, if resistance 72.8 is being tested, so a short signal would exist.
Swing Trading Plans for GEHC
- Buy GEHC slightly over 72.8, target 81.56, Stop Loss @ 72.59 Details
If 72.8 begins to break higher, the technical summary data tells us to buy GEHC just slightly over 72.8, with an upside target of 81.56. The data also tells us to set a stop loss @ 72.59 in case the stock turns against the trade. 72.8 is the first level of resistance above 68.52, and by rule, any break above resistance is a buy signal. In this case, 72.8, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GEHC slightly near 72.8, target 68, Stop Loss @ 73.01. Details
The technical summary data is suggesting a short of GEHC if it tests 72.8 with a downside target of 68. We should have a stop loss in place at 73.01 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 72.8, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for GEHC
- Buy GEHC slightly over 72.8, target 81.56, Stop Loss @ 72.63 Details
If 72.8 begins to break higher, the technical summary data tells us to buy GEHC just slightly over 72.8, with an upside target of 81.56. The data also tells us to set a stop loss @ 72.63 in case the stock turns against the trade. 72.8 is the first level of resistance above 68.52, and by rule, any break above resistance is a buy signal. In this case, 72.8, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GEHC slightly near 72.8, target 68, Stop Loss @ 72.97. Details
The technical summary data is suggesting a short of GEHC if it tests 72.8 with a downside target of 68. We should have a stop loss in place at 72.97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 72.8, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Ge Healthcare Technologies Inc. (GEHC) available here: GEHC.
GEHC Ratings for December 10:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Neutral |
| P1 |
0 |
0 |
63.96 |
| P2 |
66.86 |
65.21 |
72.8 |
| P3 |
67.84 |
68 |
81.56 |
AI Generated Signals for GEHC
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Ge Healthcare Technologies Inc. (NASDAQ: GEHC) report below is a real world example. Included are trading plans for GEHC, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for GEHC:
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