Back in 2016 and early 2017, when stocks were roaring higher, who thought that GE would start to crash down for the next 2 years while the rest of market and US economy as a whole were rapidly growing. Problems plaguing GE due to its balance sheet were there prior to its share price moving higher. Well, history has repetitively proved that nothing can better predict future price movements compared to the inherent cycles. Our cycle model applied to GE's monthly share price accurately timed its peak and the eventual decline down to the exact month. See below chart where the blue line is closing monthly price and the red line is the cycle. If you are interested in cycle charts for any specific stock or financial instrument then do reach out to us using the contact form in the left panel.
GE Monthly Price Cycles - 01/31/2019 |