GE

TrendSpider_Jake said:
Officially broke down through the channel from the previous chart above... View attachment 194466
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Off topic here... but Jake...do you have any opinion on FB down here at $145? Have we seen capitulation yet or does it go lower?

I'm no technician, but man, if you look at a 3 year chart... this thing surely looks oversold AF. Its like channel lines were pretty much thrown in the toilet.

Over 2 billion unique views per day worldwide?!
Thats like 20X the record Super Bowl. Everyday!

I gotta think FB is dirt f'n cheap at $145 and 17X forward. Please... tell me what I'm missing here before I bet the trailer.
 
Based on the daily price channel, the lower $130s look possible. Tech stocks breaking down big time.
Screen Shot 2018-11-13 at 6.36.57 AM.png
 
vanzandt said:
Off topic here... but Jake...do you have any opinion on FB down here at $145? Have we seen capitulation yet or does it go lower?

I'm no technician, but man, if you look at a 3 year chart... this thing surely looks oversold AF. Its like channel lines were pretty much thrown in the toilet.

Over 2 billion unique views per day worldwide?!
Thats like 20X the record Super Bowl. Everyday!

I gotta think FB is dirt f'n cheap at $145 and 17X forward. Please... tell me what I'm missing here before I bet the trailer.
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Please see above :)
 
kmiklas said:
Moody's credit downgrade, CEO fired and new CEO cuts dividend from 12 to one (1), an SEC investigation, kicked from the DOW, and if that wan't enough, a "blade issue" with their primary power generator.

This sprawling company has lost half a trillion dollars since 2004.

If I wasn't already long I'd short the beJeezus out of this one.
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Did you halt trading in GE on your exchange or did the circuit breakers kick in?
 
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