(GE) Long Term Investment Analysis

December 01, 2024, 04:12 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for GE

• Buy GE near 181.04 target 201.21 stop loss @ 180.52 Details

The technical summary data tells us to buy GE near 181.04 with an upside target of 201.21. This data also tells us to set a stop loss @ 180.52 to protect against excessive loss in case the stock begins to move against the trade. 181.04 is the first level of support below 182.16 , and by rule, any test of support is a buy signal. In this case, support 181.04 would be being tested, so a buy signal would exist.

• Short GE slightly under 201.21, target 181.04, stop loss @ 201.79 Details

The technical summary data is suggesting a short of GE as it gets near 201.21 with a downside target of 181.04. We should have a stop loss in place at 201.79though. 201.21 is the first level of resistance above 182.16, and by rule, any test of resistance is a short signal. In this case, if resistance 201.21 is being tested, so a short signal would exist.

Swing Trading Plans for GE

• Buy GE slightly over 184.02, target 201.21, Stop Loss @ 183.49 Details

If 184.02 begins to break higher, the technical summary data tells us to buy GE just slightly over 184.02, with an upside target of 201.21. The data also tells us to set a stop loss @ 183.49 in case the stock turns against the trade. 184.02 is the first level of resistance above 182.16, and by rule, any break above resistance is a buy signal. In this case, 184.02, 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 GE slightly near 184.02, target 181.04, Stop Loss @ 184.55. Details

The technical summary data is suggesting a short of GE if it tests 184.02 with a downside target of 181.04. We should have a stop loss in place at 184.55 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, 184.02, 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 GE

• Buy GE slightly over 184.02, target 184.28, Stop Loss @ 183.59 Details

If 184.02 begins to break higher, the technical summary data tells us to buy GE just slightly over 184.02, with an upside target of 184.28. The data also tells us to set a stop loss @ 183.59 in case the stock turns against the trade. 184.02 is the first level of resistance above 182.16, and by rule, any break above resistance is a buy signal. In this case, 184.02, 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 GE slightly near 184.02, target 181.49, Stop Loss @ 184.45. Details

The technical summary data is suggesting a short of GE if it tests 184.02 with a downside target of 181.49. We should have a stop loss in place at 184.45 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, 184.02, 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 General Electric Company (GE) available here: GE.

GE Ratings for December 01:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	181.04
P2	181.49	178.07	201.21
P3	184.28	184.02	222.87

AI Generated Signals for GE

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Technically, General Electric Company (NYSE: GE) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for GE change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if GE is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for GE too.  All of these are offered below the Summary Table.