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Friday, January 7, 2011

General Electric Corp GE Stock Analysis 1/7/11

By Tim - http://stockstobuy.org

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for January 7, 2011

General Electric Co. Support & Resistance Levels - 1/7/11

Resistance Levels: $18.72

Support Levels: $17

http://stockcharts.com - Chart

General Electric Co. (GE) is pulling back to the ten day moving average after topping out at $18.72 this week. General Electric will have minor resistance located at $19 but then nothing until $19.43 which was the high back in April 2010. General Electric will have support down around $17.00. If General Electric falls below $16, the stock becomes a strong buy.

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