By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - July 25, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 7/25/10
Resistance Levels: $12.87, $13.75
Support Levels: $12, $11.50, $11
Chart - http://www.stockcharts.com
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.
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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