General Electric due for +20% rally
GE confirms next leg upMentioned in the past few reports for members as one of the quiet performance leaders since bottoming in 2023 and breaking out of a multi-decade consolidation after.
The depth of the consolidation projects a target up to $265 per share, or about +30% from here. Prices are breaking out today, and on a risk-adjusted basis, this is my best new shot at a long.
Beyond Technicals:
GE's order book and backlog are at record levels, providing clear visibility into future revenues.
GE reinstated its Dividend policy.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。