By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - May 19, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 5/19/10
Resistance Levels: $12.87, $13.48
Support Levels: $11.50. $10.59
Chart - http://www.stockcharts.com
Ford (NYSE:F) continues to fail at the 10 day moving average now located at $12.08. Until Ford gets back and stays above $12, I don't see this downtrend ending. As I have been saying for about a month now, I view pullbacks below $12 as a solid buying opportunity. The best thing to do is buy in 4th's, never buy all at once.
Ford (NYSE:F) continues to fail at the 10 day moving average now located at $12.08. Until Ford gets back and stays above $12, I don't see this downtrend ending. As I have been saying for about a month now, I view pullbacks below $12 as a solid buying opportunity. The best thing to do is buy in 4th's, never buy all at once.
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