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Monday, October 11, 2010

Ford Motor Co. F Stock Analysis - 10/11/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - October 11, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 10/11/10

Resistance Levels: $14.57

Support Levels: $12.25, $11, $10.95
Chart - http://www.stockcharts.com

Ford (NYSE:F) is testing $14 today but it appears we will fall short of this level. Ford has resistance on the upside located at $14.57 which is the current 52 week high. If Ford does manage to break through $14.57, I'd look for the stock to test $15. The GM IPO will be coming in a few months which should be a nice positive catalyst for the stock. Ford is a strong buy on pullbacks below $13.

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