Tuesday, January 10, 2012

General Electric - GE - Moving on up

On Barchart's S&P new high list General Electric (GE) is on the move:


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 11.88% in the last month
  • Relative Strength Index 72.01%
  • Barchart computes a technical support level at 18.49
  • Recently traded at 18.82 with a 50 day moving average of 16.70

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