Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - March 4, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 3/4/10
Resistance Levels: 13, $14.75
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Ford (NYSE:F) stock broke to a new 5 year high year high on Wednesday. The stock is now trading in uncharted waters and the next resistance level is located at $13 followed by around $14.75. If Ford can close above $13, I think it could run toward $14.75. Support is now located at $11.81 but if we saw Ford drop back and test the 50 day moving average ( $11.16 ), it would be a strong buy.
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