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Saturday, November 21, 2009

General Electric GE Stock Analysis - 11/23/09

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for November 23, 2009

General Electric Co. Support & Resistance Levels - 11/23/09

Resistance Levels: $16.17, $16.87, $17.52

Support Levels: $15.00, $14.15



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General Electric Co. (GE) closed below the 10 & 50 day moving averages during the last two days. I would not buy GE stock until it closed back over $16.19 or on a retest of $15.
When GE closes back over $17.52, I would expect a retest of $20 to follow. For More Technical Analysis - Go Here

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