Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - January 6, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 1/6/10
Resistance Levels: $11.31, $12
Support Levels: $10, $9.75, $9.58
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Ford (NYSE:F) reported an increases in sales by 23.3% in December. After testing the 10 day moving average over the past three trading sessions, the stock is now breaking out to the upside once again. I continue to like pullbacks to the 10 day moving average and I would be a strong buyer of pullbacks to the 50 day moving average. Ford's next major resistance level is located at $11.31 followed by $12
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