By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - May 3, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 5/3/10
Resistance Levels: $13.79, $14.54, $15.50
Support Levels: $12.90, $12.34
Ford (NYSE:F) closed right at $13 but held $12.90 on Friday. A break below $12.90 would be bearish and I think $12.34 would be tested. At this point, I think Ford would be a solid buy!
On the upside, I'd also be a buyer if Ford closed back above the 10 day moving average. At this point, I think the stock would move up to retest the double top located in the $14.50's.
On the upside, I'd also be a buyer if Ford closed back above the 10 day moving average. At this point, I think the stock would move up to retest the double top located in the $14.50's.
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