Monday, May 17, 2010

General Electric GE Technical Analysis

General Electric GE Technical Analysis - 05/17/2010

Resistance levels: $18.67, $18.32, $17.98

Support levels:$17.35, $17.06, $16.72 




General Electric Co  closed under 9 day moving average which is very bearish.Stock next support 200- day moving average which is $16 area.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.

You want to find out more Technical Analysis -Go Here

Good Luck .. Trade Smart!

For the latest updates on the stock market, visit,
http://hotstocks-blog.blogspot.com/ or Subscribe for free.