Ford Motor Co. ( F ) Support & Resistance Levels - 1/20/10
Resistance Levels: $12.14
Support Levels: $11.64, $11, $10
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Ford (NYSE:F) briefly traded under the 10 day moving average Tuesday but then rallied heading into the close. A close below the 10 day would be viewed as bearish and the next support level is located at $11. I plan to buy Ford stock when it breaks above the 52 week high of $12.14. This would be a sign that the uptrend is continuing.
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