General Electric Testing Major Resistance

General Electric Company GE shares are trading higher by $0.09 at $31.20 in Monday's session. It has found resistance in a very narrow area since crossing over $31 on March 17.

In the last seven sessions (including today), it has topped out in the $0.16 area from $31.11 to $31.27. The issue has matched the upper-end of that area today.

Back on December 31, General Electric traded at its highest level since the Financial Crisis when it peaked at $31.49.