General Electric GE Technical Analysis 05/21/2010

General Electric GE Technical Analysis - 05/21/2010


General Electric GE stock technical analysis for May 21, 2010

Support & Resistance Levels - 5/21/10

Resistance levels: $17.41, $17.02, $16.44

Support levels:$16.06, $15.86, $15.48

Share of General Electric GE closed under all moving average which is very bearish.Next resistance level is $17.41 and support area is $15.50.I may be buyer here depend on spx next few days.For long term investment stock is buy this level.Long run stock could be see double in $6-$8 , next 12 months

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.