By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - June 2, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 6/2/10
Resistance Levels: $12.08, $12.87
Support Levels: $11.37, $11, $10.17
Chart - http://www.stockcharts.com
Ford (NYSE:F) tested the 10 day moving average on Tuesday and held on a closing basis. Ford now has resistance located at $12.08 on the upside, a break above that level would be bullish. If Ford closes back below the 10 day moving average again, I'd move to the sidelines and wait to see what happens from there.
Ford (NYSE:F) tested the 10 day moving average on Tuesday and held on a closing basis. Ford now has resistance located at $12.08 on the upside, a break above that level would be bullish. If Ford closes back below the 10 day moving average again, I'd move to the sidelines and wait to see what happens from there.
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