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Tuesday, November 9, 2010

General Electric Corp GE Stock Analysis

By Tim - http://stockstobuy.org

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for November 9, 2010

General Electric Co. Support & Resistance Levels - 11/9/10

Resistance Levels: $17.49

Support Levels: $16, $15.62

http://stockcharts.com - Chart

General Electric Co. (GE) is trading around $16.80 today and is trading above all three major moving averages. General Electric made a high of $16.86 which must be closed above in order for this rally to progress further. After $16.86, General Electric would have resistance at $17.49. General Electric remains a strong buy below $16 if we see a pullback.

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