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Monday, October 12, 2009

General Electric GE Stock Analysis

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for October 13, 2009

General Electric Co. Support & Resistance Levels - 10/13/09

Resistance Levels: $16.55, $17.52

Support Levels: $15


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General Electric Co. (GE) stock is back trading over the 10 day moving average after a brief dip back to $15. If GE provides another opportunity at $15, I would be a buyer. Keep an eye on resistance at $16.55 and $17.52. A close over $17.52 would be the start of a new break out and GE could retest $20 at that point. For More Technical Analysis - Go Here

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