General Electric GE Stock Technical Analysis

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for November 13, 2009

General Electric Co. Support & Resistance Levels - 11/13/09

Resistance Levels: $15.99, $16.87, $17.52

Support Levels: $15.63, $15.02, $14.15

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General Electric Co. (GE) has held the 50 day moving average for 4 straight days after closing above this level on Monday. I will be a buyer on a close over $15.99 which was Tuesday's high. I would also be a buyer on a pullback to the 10 day moving average currently located just above $15. I think GE stock could be hot in 2010 as Warren Buffett has an option to buy 3 billion worth of stock at $22.25. For More Technical Analysis - Go Here

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