The following is technical analysis of General Electric ( GE ) stock for March 18, 2009.GE Support & Resistance Levels - March 18, 2009
Resistance Levels: $10.36, $11.00, $12.53
Support Levels: $9.7-, $9.50, $8.75, $8.00
http://stockcharts.com - Chart
GE appears to have made a short term top at $10.36, a break above this level will most likely take it back to test the 50 day moving average around $11. A close above $11.00 could take it back to the next resistance level at $12.53.
Support - GE stock has support around the $9.50 - $9.70 area. The 10 day moving average is currently at $8.75 but rising rapidly. A close below the 10 day moving average at any time would be bearish. There is also major support at the $8 level. For More Technical Analysis - Go Here
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