Resistance levels: $18.01, $17.51, $17.51
Support levels:$16.88, $16.50, $16.25
General Electric Co nice rebound near 200 ema on Wednesday.Stock closed under 9 day moving average which is very bearish.Stock next support 200- day moving average which is $16.50 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.
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