General Electric GE Stock Analysis 11/30/09

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for November 30, 2009

General Electric Co. Support & Resistance Levels - 11/30/09

Resistance Levels: $16.25, $16.87, $17.52

Support Levels: $15.81, $15.30, $14.15

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General Electric Co. (GE) closed right at the 10 day moving average on Friday despite the huge stock market sell-off. Resistance on the upside will be located at $16.25, $16.87, and $17.52. If GE starts breaking up through these resistance levels, $20 could be the next stop. If we see another correction, I would be a buyer of anything below $15.

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