General Electric GE Stock Analysis 10/21/09

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for October 21, 2009

General Electric Co. Support & Resistance Levels - 10/21/09

Resistance Levels: $15.82, $16.24, $16.87

Support Levels: $15.21, $15.15, $14.79

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General Electric Co. (GE) is back testing the 50 day moving average as well as the October low of $15.15. If these two levels fail, look for the next support zone to be located between $14.41-$14.79. This would be a solid long term buying opportunity in my opinion. As for a trade, I will be buying when GE breaks back up through it's high of the day. For More Technical Analysis - Go Here

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