Today we will analyze the stock GENERAL ELECTRIC (GE.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in GENERAL ELECTRIC (GE.MX)
1- Last bullish trend was from 245.00 $ (4/16/2012) to 259.20 $ (4/26/2012) a 14.20 $ move 2- The current bearish trend started from 259.20 $ at 4/26/2012 and is currently trading at 254.90 $.
3- GE.MX current support level is at 253.78 which is the 38.20 % fibonacci retracement of the last 14.20 $ move.
4- GE.MX current resistance level is at 255.85 which is the 23.60 % fibonacci retracement of the last 14.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
GENERAL ELECTRIC (GE.MX) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 245.000 .
GENERAL ELECTRIC (GE.MX) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 268.000 and 270.000 that was broken up at 254.600 transforming into a supporting line.
GENERAL ELECTRIC (GE.MX) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 268.000 and 270.000 that was broken up at 254.600 transforming into a supporting line.

Stock Trading Conclusion:
GENERAL ELECTRIC (GE.MX) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 255.85, 255.91, 256.54, 257.05, 257.56, 259.20,.
Stock Support levels : 253.78, 253.43, 252.10, 250.42, 245.00, 241.14,.