By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - October 6, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 10/6/10
Resistance Levels: $14.57
Support Levels: $12.25, $11, $10.95
Chart - http://www.stockcharts.com
Ford (NYSE:F) broke through $13.24 resistance on Wednesday and is breaking out. Ford does not have any resistance until $14-$14.57. On the downside, Ford will have support located at $12.25 which is the 50 day moving average. Ford is a solid long term buy below $11.50 per share. The Ford Fiesta is selling very well right now which is great for the long term prospects of the company.
Ford (NYSE:F) broke through $13.24 resistance on Wednesday and is breaking out. Ford does not have any resistance until $14-$14.57. On the downside, Ford will have support located at $12.25 which is the 50 day moving average. Ford is a solid long term buy below $11.50 per share. The Ford Fiesta is selling very well right now which is great for the long term prospects of the company.
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