Signal(s) to enter, add, reduce, exit, hold or change.
GE is one of the largest conglomerates operating in power generation, aircraft engines, healthcare and oil services. GE is a premier American company that has lagged behind the market during this rally. This provides an opportunity.
The company has a new CEO. There are activist shareholders in the stock. There are also calls for breakup of the company. This is a new very long-term position.
Initial buy zone is $27 to $29.26, preferably below $28.63. At this time consider accumulating up to 25% of the full core position size.