Thursday, July 28, 2011

Why GE should be on your watch list

Complete article with charts and summary



A look at the chart for GE shows a decline just like the world-wide economy.




Barchart technical indicators:

  • 66% Barchart technical sell signals
  • Trend Spotter technical Hold signal
  • Below its 20, 50 and 100 day moving averages
  • 14.15% off its recent high
  • Relative Strength Index 42.62% buy still falling
  • Trading around 18.39 which is below its 50 day moving average of 18.75
  • Support level presently at 17.90

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