General Electric Co. (NYSE:GE) is running up a second day on an analyst call as its price target was raised to $18 from $15 at Goldman Sachs. Shares are up over 2% at $14.81 on about 1.5 million shares as of 9:15 AM EST. This is a tiny fraction of the average volume for a full trading day but still is one of the more active movers this morning. Be advised that GE is now within striking distance of post-crash highs, which could signal a breakout of the stock closes up about 3% higher and holds that level.
Resistance Levels appear to be R1-$14.75, R2-$14.93, and R3-$15.07….
-JON OGG
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