Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - April 8, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 4/8/10
Resistance Levels: $13, $14.54
Support Levels: $12.42
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Ford (NYSE:F) continues to have trouble at the $13 resistance level but closed above $12.42 again. I would wait to get back into Ford stock until it closes back above $13 because there is risk to the downside and I'd rather make money on my capital elsewhere right now. Ford is currently in a downtrend and I do not like holding stocks in a downtrend. Support is located at $12.42, a break below that would be bearish.
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