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Saturday, February 27, 2010

General Electric GE Stock Analysis March 2010

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for March 1, 2010

General Electric Co. Support & Resistance Levels - 3/1/10

Resistance Levels: $16.24, $17.03, $17.41, $20

Support Levels: $15.50, $15.25, $14.40


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General Electric Co. (GE) is trading above all three major moving average but is stuck in a trading range. Support is located at $16 while resistance is located at $16.24. If General Electric can break out above $17.03 with heavy volume, I think the stock could shoot up to test $20. Long term support is located between $14-$15.

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