By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - August 24, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 8/24/10
Resistance Levels: $12.14, $13.24
Support Levels: $11.23, $11
Chart - http://www.stockcharts.com
Ford (NYSE:F) is trading at $11.34 in pre market and is below the 200 day moving average. The last time Ford dropped below the 200 day moving average for a few days, it rallied 30% in a month. With the General Motors IPO coming in a few months, I believe Ford is a great buy down here. Ford will have resistance located at $12 on the upside.
Ford (NYSE:F) is trading at $11.34 in pre market and is below the 200 day moving average. The last time Ford dropped below the 200 day moving average for a few days, it rallied 30% in a month. With the General Motors IPO coming in a few months, I believe Ford is a great buy down here. Ford will have resistance located at $12 on the upside.
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