GE is up premarket on a strong earnings report. Although guidance for this year came down a bit, cash flows are projected to be better than expected. Management is committed to turning things around and keeping the momentum going. Premarket the stock is trading around $12.50-$12.70. This is above the outlined channel and should be the push that gets the stock to $13.30. This is a name that I am adding to on any pullback. Need to monitor the situation with the 737 MAX. GE did say that their projections are based on the Max resuming flights this summer.
註釋
Popped up over the 200 day which is falling and has a date with the 20, 50 and 100 averages. Tusa always worries me but for now GE looks good and is continuing higher.
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