Thursday, May 27, 2010

General Electric GE Stock Technical Analysis

General Electric GE Technical Analysis - 05/27/2010

Resistance levels: $17.01, $16.67, $16.34

Support levels:$15.82, $15.63, $15.30 






General Electric Co  nice trading under all moving average which is very bearish.Stock next support is $15 and resistance level $16.50  which is 9-day moving average.Long term I like the stock to buy near $18 also depend on how the market do next few weeks. I feel GE can get back to $25+ toward the end of 2010. This is one of the long term investment.

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Good Luck .. Trade Smart!

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