GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for December 2, 2009General Electric Co. Support & Resistance Levels - 12/2/09
Resistance Levels: $16.50, $16.87, $17.52
Support Levels: $15.79, $15.30, $14.15
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General Electric Co. (GE) continued the recent uptrend Tuesday as the stock broke the November 2009 highs. The next major resistance zone for the stock is located between $16.50-$16.87. If GE can clear this level on a closing basis, it would set up a retest of the Sept 2009 high of $17.52. If I get the gift of buying shares of GE under $15 again, I will do so. My 2010 target for the stock is $22 per share.
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