Ford Motor Co. F Stock Analysis - 12/28/09

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - December 28, 2009

Ford Motor Co. ( F ) Support & Resistance Levels - 12/28/09

Resistance Levels: $12

Support Levels: $9.75, $9.58, $8.47

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Ford (NYSE:F) hit another 3 year high on Thursday as the Santa Claus Rally began. The stock is very overbought and could be due for a pullback or sideways trading as we head into 2010. I will buy Ford Motor on the next retest of the 50 day moving average currently located at $8.47.

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