GE GE Stock & Option Trade Ideas

Based on the technical data for GE:

• The Moving Average Convergence Divergence (MACD) is showing a consistently positive trend since early April, indicating a bullish sentiment.
• The Relative Strength Index (RSI) has been fluctuating but generally staying above 50, which suggests a neutral to slightly bullish sentiment.
• The Bollinger Bands indicate that the stock price has been trading within the bands, and recently the price has been moving towards the upper band, indicating a potential bullish trend continuation.
• The trading volume has been relatively consistent, with no significant spikes or drops.

Based on the analysis above, here are some potential stock or option trades for GE in the coming days:

• Stock Trade: Consider buying GE shares with a target price above the upper Bollinger Band for a potential bullish run continuation.
• Option Trade: A bullish options strategy could be to purchase a GE call option with a strike price slightly above the current price, as the stock is showing signs of upward momentum. Alternatively, a bull put spread can be considered if you expect the stock to remain above a certain support level.