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Saturday, April 24, 2010

GE - Update














Steady as she goes, GE appears to be in uptrend movement with the daily chart. See notes on chart. Key here is for the stock to stay within the Apr 16th - Red Candle, as it appears it is trying to work off. first attempt was on Apr 20th; pulled back and is appearing to 2nd attempt.

Key Notes:
16-Jul-10Earnings announcement

Key Price Points:
15-Apr-10Price hit new 52-week high ($19.69)
14-Apr-10Price hit new 52-week high ($19.40)
13-Apr-10Price hit new 52-week high ($19.13)