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Tuesday, December 19, 2006

GE is on the bullish rally.








Weekly Chart - First the bullish support line must be there to wait for the MACD (12,26,9) and RSI (14) signal to get it bullish.


Weekly MACD (12,26,9) chart is bullish, cause by the signal (the black & red line) crossover MACD zero line. The MACD histogram is on the bullish (the bar show on the positive side).


Weekly RSI (14) chart on the bullish, the RSI (14) chart shows the signal crossover the RSI 50.


Daily Chart had must be in-line with the weekly chart to shown bullish signal.


After daily chart shown bullish on MACD (12,26,9) and RSI (14), Next the stock volume and stock price are the most important of all to take note to be shown confirmation bullish. Because the money is being put into the market to move up the stock price.


By study both GE weekly and daily chart the stock price are may projected bullish for the future. we my look at what the recent analysts think about the target price for GE, by going to Marketwatch.com to obtain the information. Information from Marketwatch.com are being aggregate, summarize and put up to be shown.


The Past GE stock price had not being perform well and this time GE have proven the stock price is going to be projected bullish for the coming future. No doubt the dividend is good. They have too many core business, GE is a good company that they are able to make the growth move forward and growth bigger. Is the matter of time, GE management that able manage it well and to proven to the market with the good earning result.