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Saturday, October 3, 2009

General Electric GE Stock Analysis October 2009

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for October 5, 2009

General Electric Co. Support & Resistance Levels - 10/5/09

Resistance Levels: $16.50, $17.52

Support Levels: $15.50, $15


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General Electric Co. (GE) stock is approaching two major support levels, $15, and $14.52 which is the 50 day moving average. I am waiting to buy GE stock when it hits the 50 day MA or when it closes back above the 10 day moving average. There is major resistance between $16.50 - $17.00 but then its all clear. For More Technical Analysis - Go Here

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