InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,702.77
(
0.77%
)
Post# of 51799
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Wednesday, 07/14/2004 11:09:02 PM

Wednesday, July 14, 2004 11:09:02 PM

Post# of 51799
Chris: More GE

GE long term waves indicate multimonth wave 2 could still be under way. The first fibonacci retracement (38.2%) has not been reached; however, the retracement has made it into the middle of multimonth wave 1's multiweek wave 4.

A classic Fibonacci retracement would be a price of $36.49. A 5-10% gain in a couple weeks might feel great, but the rest of the world's markets are tugging lower. Sell/short if the price rises above $36.00 or falls below $32.20. Hold anywhere between.



Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up