General Electric GE stock technical analysis for July 06, 2010
Resistance levels: $14.77, $14.47, $14.17
Support levels:$13.66, $13.45, $13.15
General Electric Co closed under all day moving average which is bearish.Stock has nice support $12 area. After that GE has next resistance level is $16.50 which will be big resistance for next going forward.As long as General Electric stays above the $13.50 I like the stock in the short term. I feel GE can get back to $25-$30 toward the next 12 months. This is my one of the long term investment.
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