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Thursday, November 11, 2010

General Electric Corp GE Stock Analysis

By Tim - http://stockstobuy.org

GE Stock Chart - The following is technical analysis on General Electric ( GE ) stock for November 11, 2010

General Electric Co. Support & Resistance Levels - 11/11/10

Resistance Levels: $17.49

Support Levels: $16.30, $16.00

http://stockcharts.com - Chart

General Electric Co. (GE) closed at $16.55 yesterday but is lower in pre market due to Cisco. General Electric is trading around $16.50 and will have major support between $16.25-$16.30. If General Electric would fall into the $15's anytime down the road, I would view it as a strong buy. General Electric was one of my top picks gone bad in 2010, I look for a solid 2011. I think I just got the timing wrong but we have 7 week to go still.

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