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Monday, November 15, 2010

Ford Motor Co. (F) Stock Analysis 11/15/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 15, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 11/15/10

Resistance Levels: $17

Support Levels: $16, $14.57

Chart - http://www.stockcharts.com

Ford (NYSE:F) is hitting another 52 week high today located at $16.94. Ford will have support down at the $16 area with the stock trading very strong ahead of the GM IPO this week. Ford does not have any major resistance until $17. I continue to think Ford will do well heading into the GM IPO but the stock may sell off afterward. This will probably be a sell the news event for Ford. Regardless, Ford remains a strong buy on any major pullback.

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