By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - May 25, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 5/25/10
Resistance Levels: $11.44, $11.76, $12
Support Levels: $10.13, $10, $9.15
Chart - http://www.stockcharts.com
Ford (NYSE:F) bounced off the 10 day moving average on Monday but it appears we will be testing this area again Today. Ford has downside support around $9-$9.15 if we close below $10. Rallies into the mid to high $11's should be sold if you are trading this stock right now. If you are a long term holder, this is a great area to start scaling back in after Ford hit the double top in the $14's.
Ford (NYSE:F) bounced off the 10 day moving average on Monday but it appears we will be testing this area again Today. Ford has downside support around $9-$9.15 if we close below $10. Rallies into the mid to high $11's should be sold if you are trading this stock right now. If you are a long term holder, this is a great area to start scaling back in after Ford hit the double top in the $14's.
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