Ford Motor Co. ( F ) Support & Resistance Levels - 2/1/10
Resistance Levels: $11.95, $12.14
Support Levels: $10.41, $10.05, $9.75
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Ford (NYSE:F) continues to trend down with the 10 day moving average. I would be a buyer of a pullback to the 50 day moving average currently located at $10.05. The 50 day moving average hasn't been tested since early November. $11.95-$12.14 is now a major resistance level on the upside, a close above $12.14 would be very bullish.
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