By Tim - http://stockstobuy.org - Twitter - @stockstobuy - The following is technical analysis on General Electric (GE) - June 4, 2012
General Electric (GE) Support & Resistance Levels - 6/4/12
Resistance Levels: $19.09
Support Levels: $17.56
Chart - http://www.stockcharts.com
General Electric (GE) held $18.32 support on Friday which is bullish to see. If General Electric (GE) stock breaks down below $18.32, there is a chance it could drop to $17.60. GE stock has been a sell above $19.25 all year and a buy near $18.50. GE has a nice dividend yield of 3.6% at the current stock price of $18.54 so anything below $18 is a strong buy.
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