Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - August 17, 2009Ford Motor Co. ( F ) Support & Resistance Levels - 8/17/09
Resistance Levels: $8.01, $8.50, $8.89
Support Levels: $7.50, $7, $6.55
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Ford stock traded below the 10 day moving average all last week. This is something to watch closely as it is a sign of technical weakness. I am watching $7.50, a close below $7.50 would set up a correction back below $7 which would be a buying opportunity at the 50 day moving average. A close back above over $8 would be bullish and I'd want to buy Ford stock once again. Until then, I have no position but will be watching F. For more Technical Analysis - Go Here
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