GE – Afraid to Trade

Massive Monthly Enhanced Bear Flag Example on GE

Bycjrosen August 20, 2009

General Electric (GE) gives us a great example of how the patterns in technical analysis (charting) are fractal, and are applicable to all timeframes. Let’s take a look at perhaps the most massive bear flag I have seen, which serves as an ideal educational example of the “Enhanced Flag” concept.

Market Education | Weekly Commentary

Large Scale Elliott and Fibonacci Insights on GE

Bycjrosen May 2, 2009

Conglomerate General Electric (GE) has shown fascinating confluence via Elliott Wave and Fibonacci (as well as “Measured Move”) analysis. Let’s see what I mean and start the count from 2000 to present on the monthly chart. First, let’s see the simple AB=CD “Measured Move” (aka large bear flag) that has just hit its target: I’m…