By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - September 20, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 9/20/10
Resistance Levels: $13.24, $14.57
Support Levels: $12.11, $11, $10.95
Chart - http://www.stockcharts.com
Ford (NYSE:F) continues to close above all three major moving averages and was rated a buy from Jim Cramer on Mad Money last week. Ford does not have any resistance until $13.24. If Ford can close above $13.24, I think it will challange the 52 week high located at $14.57. Ford is a strong buy below $11.00 but then technicals are improving rapidly making this correction unlikely.
Ford (NYSE:F) continues to close above all three major moving averages and was rated a buy from Jim Cramer on Mad Money last week. Ford does not have any resistance until $13.24. If Ford can close above $13.24, I think it will challange the 52 week high located at $14.57. Ford is a strong buy below $11.00 but then technicals are improving rapidly making this correction unlikely.
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