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Wednesday, April 28, 2010

Ford Motor Co. F Stock Analysis - 4/28/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - April 28, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 4/28/10


Resistance Levels: $14.54, $15.50

Support Levels: $13.50

Ford (NYSE:F) tanked with the stock market on Tuesday and is a seeing a little weankess in pre market. Ford now has support around $13 which is the 50 day moving average. A close below this level would be bearish and more downside is likely. Ford hasn't closed below the 50 day moving average since November 2009. However, for the long term, I love Ford below $13 and view it as a buy.

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