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Monday, March 29, 2010

General Electric GE Stock Analysis - 3/29/10

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for March 29, 2010

General Electric Co. Support & Resistance Levels - 3/29/10

Resistance Levels: $18.94, $20.29, $22

Support Levels: $18.12, $17.25, $16.48




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General Electric Co. (GE) made a short term top at $18.94 last week after being severely overbought. General Electric stock is now testing the 10 day moving average that must hold on a closing basis. I view pullbacks below $17.50 as a strong buy right now.

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