Sunday, May 2, 2010

General Electric GE Technical Analysis

General Electric GE Technical Analysis - 05/03/2010

Resistance levels: $20.60, $20

Support levels:$18.50, $18.20  





General Electric Co  closed near 9 eam next support 50 day moving average which is $18 area.GE stock is finding resistance around the $19.70 which is Friday's high.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.

Good Luck .. Trade Smart!

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