General Electric Co. Support & Resistance Levels - 8/17/09
Resistance Levels: $14.15, $14.88, $15
Support Levels: $13.60, $12.85, $12.51
http://stockcharts.com - Chart
Discuss Stocks - http://stockstobuy.org
GE stock has made a huge run after bottoming out at $10.50 but closed below the 10 day moving average on Friday. This could set up a retest of the 200 day moving average which I'd be a strong buyer of. Anything under $13 at this point is a strong buy. On the upside, resistance is clearly in the mid to high $14's so a close above $15 would be very bullish and i'd be a buyer.
For More Technical Analysis - Go Here
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free