Ford Motor Co. ( F ) Support & Resistance Levels - 3/11/10
Resistance Levels: 13, $14.75
Support Levels: $12, $11.50
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Ford (NYSE:F) stock continues to trade in a narrow range after breaking to a new 52 week high on Friday. $13 is a strong resistance level for Ford right now and I plan to buy the stock on a close above $13.00. On the downside, if Ford does pull back, I will look to buy near the 50 day moving average around $11.50-$12.
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