Thursday, October 28, 2010

General Electric GE Stock Technical Analysis

The following is General Electric GE   stock technical analysis for  October 29, 2010 

General Electric GE  Resistance & Support Levels - 10/29/2010

Resistance levels: $16.57, $16.40, $16.24


Support levels:$15.97, $15.86, $15.70

 

Share of General Electric GE is trading under all moving average which is bearish.Next resistance level is $16.7 and support area is $16.Over $17 stock can boost for next level.If stock break $15.70  GE can go  $15 level.For long term investment stock is buy this level.Long run stock could be see double in $25  next 12 months.

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