Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - July 25, 2010
Ford (NYSE:F) rallied Friday due to better than expected earnings. Ford Stock is now approaching resistance located at $12.87. If Ford can close above $12.87, I think the stock can rally back to $13.50-$13.75 easily and eventually make a new 52 week high. The company certainly has the fundamentals to back the stock hitting a new 52 week high. Pullbacks to $12 are a strong buy.
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