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Wednesday, July 7, 2010

General Electric Corp GE Stock Analysis 7/7/10

By Tim - http://stockstobuy.org

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for July 7, 2010

General Electric Co. Support & Resistance Levels - 7/7/10

Resistance Levels: $15, $16.45, $16.58

Support Levels: $13.88, $12.71, $12.19

http://stockcharts.com - Chart

General Electric Co. (GE) stock dropped below the November low of $13.88 last week. General Electric is flat in pre market this morning as the stock market futures are slightly higher. On the downside, $12.71 is support right now but if that is broken, look for $12.19. When General Electric closes back above $15 again, I think the stock is a buy for a trade.

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