GE breakout of descending triangle or rebound from double bottom

2020년 4월 22일

Although the descending triangle is technically a bearish pattern, the price movement seen here can also be considered a double-bottom. In that case, the price should rise upward and possibly create a channel.
RSI and MACD are not giving any clear signals.

Recent analysts' recommendations all say that GE is a buy at this point.

Overall, I would say that this idea has a 50-50 chance of working. However, the risk to reward ratio is ~4.5 and possible gains of 24% which is pretty good. I'm gonna enter in long and see how it goes

2020년 4월 29일

노트

So far it looks like it's going up. I'm hoping for it to hit $8

2020년 5월 4일

거래청산: 스탑 닿음

Got stopped out for a loss of 5%