Ford Motor Company F Stock Analysis

The following is technical analysis for Ford Motor Company ( F ) - October 22, 2009

Ford Motor Co. ( F ) Support & Resistance Levels - 10/22/09

Resistance Levels: $8.00, $8.32, $8.60

Support Levels: $7.53, $7.40, $7

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Ford Motor Company retested $8 Wednesday buy failed late in the trading day. A close over $8 would be very bullish and would set up a retest of the next resistance area located between $8.60-$8.86. Support is located around the 10 day moving average located at $7.53 and the 50 day located at $7.40. A close below $7 at any time would be very bearish. Keep an eye on $8 in the coming days. For more Technical Analysis - Go Here

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