Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - March 2, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 3/2/10
Resistance Levels: $12.41, $13, $14.75
Support Levels: $11.95, $11.05, $10, $9.75
Ford (NYSE:F) stock broke to a new 5 year high year high on Monday. 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 break up through $13, I think it could run toward $14.75. Support is now located at $11.95 but if we saw Ford drop back and test the 50 day moving average ( $11.04 ), it would be a strong buy.
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