GEV has strong fundamentals (AI tailwind, healthy balance sheet) and is technically in a healthy pullback to support (~$880), presenting a low-risk long opportunity.

All right. So let's dive into your first pick today. You've got GE Vernova. They're outperforming the market year to date, but they've lost some of that momentum recently.

And GE Novo was very high on that list with the total debt percentage of assets being at 3.53%. Free cash flow quarter-over-arter growth is 7% positive EPS revisions, but you're right, trailing from a month.

But that tells me fundamentally it's healthy from a balance sheet, especially if I'm looking as debt.

We've talked about Genova before. They have an AI infrastructure tailwind. They've got new power systems that supports this continuous stable electricity required for AI data centers.

They're a part of the global grid expansion. They've got new projects in the UK, even South Korea, which is helping upgrade those power grids worldwide.

Wall Street is still bullish. There are lots of price targets that well are well over $1,200 and earnings are looking to accelerate into next fiscal year. It's projected to rise from 15.17 to 2514 as that backlog converts over to revenue.

So, as we dive into the technicals on this one and we look out over the last year, I mean, easily outperforming the markets. It's up about 45% in the last 52 weeks, but what are you seeing in terms of the technicals?

Yeah, you're right, Marley. It's been a really nice uptrend for the majority of the year, but what we're witnessing now is a pretty healthy pullback to an area that could easily be considered shortrun and intermediate term support.

To be honest, what we're looking at now is a pullback of about 25 26% off the most recent high early July. Pulled back to the 200 period moving average right around 880. It's also the lower band of the one-year linear regression channel I've drawn in.

And you know that provides some confluence for traders looking to join the trend at what they consider to be perhaps a lowrisk area after a 25% draw down. The downside in the intermediate term could be relatively limited.

It's always nice when you can apply some fundamental story to one of a technical nature with a stock that's showing a potential for shortrun support here. So the daily looks uh like an uptrend that has waned in the most recent two months, but ultimately could be an area of short range support.

Sure thing. So what this is going to show is a 90-day window of basically just going sideways within a pretty clearly defined range. 880 the low range of support 1180 the highs we achieved there in most recently like I said late early July excuse me but ultimately a 300 point range and I put the midpoint in there as well because it's not uncommon to see a move halfway up the channel or the range we've been in and find that to be a supportive or a resistant area one way or the other depending on the price action.

So, I think that holds to what we've been seeing over the 90 days is basically this 300 point range. And again, if you're uh the longerterm trader, that daily chart can appeal to you.

But if you're the shorter term trader, this 90-day view makes it seem as though we're sitting on again lowrisk area, shortrun support. Uh we are in oversold conditions relative to the RSI, but we know that that doesn't mean a bounce is imminent.

It just means this is an area where a bounce may come into play. and again offer short-term bulls an area for exposure but with limited downside risk should they choose to move on if this were to break down aggressively under this 880 area.

All right and right now as we look at GE Vernova we're at 88523 is down about a percent and a half today on the session.