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Wednesday, April 7, 2010

General Electric GE Stock Analysis 4/7/10

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for April 7, 2010

General Electric Co. Support & Resistance Levels - 4/7/10

Resistance Levels: $18.94, $20.29, $22

Support Levels: $18.18, $17.25, $16.48




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General Electric Co. (GE) continues to close above the 10 day moving average. As long as General Electric holds $18 on a closing basis, I think the momentum can keep going. I expect GE to test $20 when $18.94 is broken. The stock is trading at $18.63 in early trading.

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