Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - March 5, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 3/5/10
Resistance Levels: 13, $14.75
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Ford (NYSE:F) hit $12.83 Wednesday and closed near that high on Thursday...I expect a new 52 week high again on Friday. 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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