GEV — All updates

So, GE Vernova, we look at this one all the time because it's a highf flyier. Options are really um >> options are really juicy here. I mean, they're absolutely fantastic here.

And they're running. Everything's running to the north.

So, if we stare this down and we say, "All right, let's take a peek at what this chart's been doing." It is really trying to hold the floor. It's really trying to hold the floor.

And that to me says, hey, these dips, they're going to be buys.

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'll talk about where the margins are for company like GE Vernova in comparison.

Uh keep in mind that there are a lot of sections when it comes to these turbine engines. You've got uh the hot section, which is the slowest and most expensive, and it includes things like the compressor discs, casings, uh the fuel nau nozzles, the you know, aerosolizers.

I probably screwed up that word, but basically the little um in injectors that spray the fuel into the actual combustion component of a turbine engine. Uh you've got uh the rotors, the generators, heat recovery, cooling.

There's a lot. GE Vernova says all of those components are a limiting factor, not just the blades and veins. So, there's a little bit of a clash between the two.

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?

All right, GEV. Now this is a this is more of a longer term play but what's noticed to me is on this trend line now has gotten hit five times. So after these trend lines get uh you know after they act as support only there's only so many more hits that this trend line will give a bounce to the upside and we'll break to the downside.

So right away we have five now hits on this trend line. So and the the hits are getting more frequent. Just today we're bouncing pretty cleanly off it. you know, nice recovery to see for GE Verona, the energy beast.

Um, but what curious to see is what I'm going to be watching end of day is if price can reclaim this 948 level. If we go to the one minute, as we see here, just at the open, price was above this level and now has since faded.

And if we turn on VWAP, price is still staying above this, which is a good sign for GEV. But I'd be curious to see if this 948 level if it gets um if we have a daily close below this level.

Then support-wise I'm looking for this top here at 8.94 um 89493 a horizontal support level and then also the nice swing trend line here from this pivot top of uh July 31st August 1st 2025 going through this price action here. you know, this is a less steep trend line, more long-term.

Um, but if price got down kind of with this pivot top correlating around 840, 850, right in this area, should price flush down from this trend line here, this is where I will be waiting kind of in that zone.

Sorry, that's not the tool that I wanted to do. Let's try that again. Yeah, and this kind of this zone where this pivot consolidation shelf is and then with this rising long-term support trend line, this is where I would scoop some up to go long GEV.