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GE

General Electric SVP adds to holdings

Alexander Dimitrief, a senior vice president at General Electric Co. ( GE ), bought 231 shares of the company's common stock on Jan. 23. At $30.50 per share, Dimitrief paid a total of $7045.50 per share for the new shares.

InvestorsKeyhole Trade Alert

IK-> The technicals for GE ($29.99 up $0.24) are bearish with a downward trend. The stock has support around $29.75 and recent resistance has been around $30.75. Look at the April 26/28 bull-put spread for a 20-cent credit or better. That's an 11.1% return and the stock has to fall 6.6% to cause a problem. [InvestorsKeyhole, Various news and data services]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Originally published on InvestorsObserver.com


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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