General Electric Company (NYSE: GE) (NYSE:GE) Stock Research Trends Targets and Technical Analysis - NYSE New york stock exchange [en]

Today we will analyze the stock General Electric Company (GE) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in General Electric Company (GE)
1- Last bearish trend was from 16.75 $ (2/2/2010) to 15.45 $ (2/12/2010) a 1.30 $ move 2- The current bullish trend started from 15.45 $ at 2/12/2010 and is currently trading at 17.29 $. 3- GE current support level is at 17.10 which is the 127.20 % fibonacci retracement of the last 1.30 $ move.
4- GE current resistance level is at 17.55 which is the 161.80 % fibonacci retracement of the last 1.30 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
General Electric Company (GE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 16.750 that failed, and formed a support .
General Electric Company (GE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 15.450 and 15.040,resistance between 16.750 and 16.180 which was broken up at 17.290 in higher than usual volume.
General Electric Company (GE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 16.840 and 17.010 that was broken up at 16.020 transforming into a supporting line.

Stock Trading Conclusion:
General Electric Company (GE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 17.55.
Stock Support levels : 17.10, 17.10, 16.86, 16.79, 16.75, 16.59, 16.37, 16.25, 16.15, 16.10, 15.95, 15.76, 15.75, 15.45,.