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Friday, February 15, 2008

General Electric Company (GE) Technical Analysis

Today we'll analyze general electric company (GE)
we start by noticing few points:

1- the stock broke MA11 which lead to the latest bearish drop.at november 07.
2- the stock broke a support level at Jan 08
3- the stock was supported at support level of 33.55 at Feb 08.



combining these signals, we conclude that the stock is a volatile point, we recommend, enetring short if 33.5$ broken down, or longing the stock, at 35.63$ break up.


That's all for today ... thanks for reading the post,
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have a nice day,

Shadi
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Google
 

We Moved!!!

Please check our new site : The stocks profit, for
Stock Search
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi