GEV needs to hold support near 835-840 to potentially find a bottom and reverse; current status is watchful for stabilization.

I I did want to ask you really quick about GEV. This has been a big winner for us before. This thing is coming back into the 200. We're actually near the end of a parallel channel that we have identified here that might also provide it some support.

Stock is down 2.65% here today. Do we have any thoughts on where GEV might be a buy again?

Um I do see some support further down into the 800s. Um about >> an 825. That's not too far away from what I'm seeing. Let me look here. I mean, I I was kind of looking at the uh the the 830s.

I I could see 825. I could also see underneath 8 down around 780. Um but for now, for now, let's see if this can hold. Um I would say 840.

Okay. 835 840. If we can hold that, uh there may be some then then we'll want to watch for some uh sideways, some bottoming, you know, some some at least some indication that this isn't going to uh continue down any further.

And if we did, sorry, if we did hold your 840 level and we dipped beneath the 200 and recaptured it, I actually might look at scooping up a few for a potential swing. And and if the if we the price gets down to uh to that level and it still looks like the weekly RSI is it could could allow for more room to the downside, then I I think there could be some still some more room to the downside.

Um this is, you know, let's just see what we end up what this week ends up getting us. We may be in the final uh the last week of the move down, but let's just see what this week gives us.

If we do get some support from that uh that 835 840 area, then maybe there's a case we can make about this uh finally finding a bottom and turning around. But that's that's just see what we get from that.

And one of the things uh with with GE that I've talked about before is that they've got a big backlog. And there was concern at one point that I had about them not being able to fi fulfill all those backlogs uh in a timely manner because the demand was so high.

Are they able to going to scale up to uh meet that demand? And if not, you could see some of those customers in that backlog move to other uh companies. So that was why that's one of the reasons why I don't own GEB anymore because I think it it hit that um that that peak.

Um, and GE is saying that bottleneck is real. So, this is very interesting and I think this is just, you know, I think this is where we want to kind of be have our eyes focused is on this the bottlenecks.

We've talked about AI bottlenecks before and the thing that, you know, that can slow down this entire theme and and this is one of them.