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Wednesday, August 18, 2010

General Electric Corp GE Stock Analysis 8/18/10

By Tim - http://stockstobuy.org

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for August 18, 2010

General Electric Co. Support & Resistance Levels - 8/18/10

Resistance Levels: $16.58, $17.70

Support Levels: $15, $14.36

http://stockcharts.com - Chart

General Electric Co. (GE) bounce off the 50 day moving average during the pasy two trading sessions and now has resistance located $16. General Electric must hold $15 going forward or the downtrend will resume. When General Electric closes back above $16.58, a new break out will occur and you will want to be long the stock.

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