General Electric (GE) share price in range trading

The General Electric daily chart clearly shows an indecision in the last weeks, close to a resistance zone.

Id the bulls will manage to sustain the price above the $19.50 level, that there will be good chances to retest the 2011 highs, in the $21.50 area.

However, if there will be some profit taking and the price will break below the $18.70 support level, than a larger correction is in place, targeting the $17.00 support zone.