GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for September 28, 2009General Electric Co. Support & Resistance Levels - 9/28/09
Resistance Levels: $16.50, $17.52
Support Levels: $15.50, $15
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General Electric Co. (GE) has been one of the hottest stocks on the Dow Jones recently. The stock closed below the 10 day moving average on Friday so i'd wait for the stock to close back over it before I'd buy. I'd also be a strong buyer of a pullback between $15-$15.50 which is solid support. Don't forget, Warren Buffett has the option to buy 3 billion worth of stock anytime over the next 4 years at $22.25 per share. When GE finally gets above $20 again, it could really explode. For More Technical Analysis - Go Here
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