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Thursday, July 29, 2010

Ford Motor Co. F Stock Analysis - 7/29/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - July 29, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 7/29/10

Resistance Levels: $13.18, $13.75

Support Levels: $11.50, $11

Chart - http://www.stockcharts.com

Ford (NYSE:F) stock recently topped out at $13.18 but is back above $13 so far today. Ford has started a new uptrend after it broke three previous highs of $11.80, $12.15, and $12.87. Ford will now have nice support located at the 10 day moving average around $12.17. Pullbacks to this level in the short term will be met with buyers. If the 10 day fails, look to buy Ford under $12.

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