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Thursday, September 17, 2009

General Electric GE Stock Analysis September 2009

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for September 17, 2009

General Electric Co. Support & Resistance Levels - 9/17/09

Resistance Levels: $18.25

Support Levels: $15.00


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GE recently broke above the May 2009 high of $14.43. This is very bullish going forward and pullbacks to $15 or below are now a strong buy. The next major resistance level to watch is the $18.25 high from December 2009. If General Electric Company can close above $18.25, I would look for $20 to be tested. For More Technical Analysis - Go Here

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