GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for December 7, 2009General Electric Co. Support & Resistance Levels - 12/7/09
Resistance Levels: $16.50, $16.87, $17.52
Support Levels: $16, $15.75
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General Electric Co. (GE) continues to hold the 10 & 50 day moving averages which is very bullish. I expect the stock to test the $16.87 level next week. A close over this level would be bullish and I'd expect the stock to run to new highs. Support is located at $16 as well as $15.75. If GE would close below $15.75 at any time, all bets are off. I expect GE to hit $22 sometime during 2010.
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