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GENERAL ELECTRIC CO
(GE-NYSE):
Technical Viewpoint: From a low
of $24.10 on Dec 31, 2001 prices
rallied, reaching a
high of $26.26
on Jan 7, 2003. A
decline saw prices pull back, reaching a
low of
$21.82 on Feb 14, 2003.
Another rally saw prices penetrate
resistance, closing 3/13/03
at $25.21. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 6, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $23.25. Resistance: Is at $25.94.
Point & Figure: Reversed to the upside on Feb 21, 2003. A P&F upside
reversal takes place at $23.50. Summary: Technical indicators have turned bullish. BUY! GENERAL ELECTRIC CO
(GE-NYSE) @ $25.25 Stop: Use a protective stop of $23.25.
GENERAL ELECTRIC CO is currently trading @ $25.21 plus $1.41 on Mar 13, 2003. Price Objective:
$38.00. Risk/Reward: $2.00 VS. $12.75. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$38.00
Risk/Reward:
$2.00 VS. $12.75
Risk/Reward Ratio:
6:1
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