GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for February 1, 2010
General Electric Co. Support & Resistance Levels - 2/1/10
Resistance Levels: $16.94, $17.41
Support Levels: $15.91, $15
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General Electric Co. (GE) remains very strong during this recent stock market sell off. The stock is finding resistance around the 10 day moving average but is also finding support just above the 50 day moving average. As long as General Electric stays above the 50 day, I like the stock in the short term. As for the longer term, I feel GE can get back to $22-$25 toward the end of 2010. I'd be a buyer of any pullbacks under $15 if the opportunity presented Itself.
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