GE: Huge signal in both weekly and monthly timeframes...
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.
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.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.