GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for December 9, 2009General Electric Co. Support & Resistance Levels - 12/9/09
Resistance Levels: $16.50, $16.87, $17.52
Support Levels: $15.72, $15.30, $15
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General Electric Co. (GE) closed right at the 50 day moving average Tuesday, a close below this level would be bearish. There is strong support in the low $15's so I wouldn't be to concerned on a further correction unless GE closes below $15. GE stock won't really start to move until it closes back over the October high of $16.87. I have a 12 month price target on GE of $22.
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