The following is technical analysis of General Electric ( GE ) stock for March 24, 2009.GE Support & Resistance Levels - March 24, 2009
Resistance Levels: $10.69, $11.35
Support Levels: $9.66, $9.00, $8.00, $6.65
http://stockcharts.com - Chart
The GE stock technicals don't look as good as the other charts but General Electric has certainly come a long way. The 10 day moving average has held and offers a solid support level going forward. I would love to see GE stock get over the 50 day moving average and hold for a few days, this would be very bullish. If I was trading or buying GE, I would be placing a stop loss order at support around $9.65 and selling any close below the 10 day moving average from here on out. This would be your first signal that the rally is fading. I would be buying a break above $11.35 resistance with a stop at the 50 day moving average. For More Technical Analysis - Go Here
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