Ford Motor Co. ( F ) Support & Resistance Levels - 1/15/10
Resistance Levels: $12.14
Support Levels: $11.34, $10.25, $9.40
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Ford (NYSE:F) continues to hold the 10 day moving average which is a sign of strength. Support is located around $10.25 so Ford has a correction back to this level, I would be a buyer.
I would also back the truck up on Ford shares if I saw the stock retest the 50 day moving average currently located at $9.40. We haven't seen a test of the 50 day in over 2 months.
I would also back the truck up on Ford shares if I saw the stock retest the 50 day moving average currently located at $9.40. We haven't seen a test of the 50 day in over 2 months.
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