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Friday, November 19, 2010

Ford Motor Co. (F) Stock Analysis 11/19/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 19, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 11/19/10

Resistance Levels: $16.90, $17.50

Support Levels: $16, $15.83

Chart - http://www.stockcharts.com

Ford (NYSE:F) stock broke down through $16 today but then reversed higher. Ford will have support down at $16 as well as $15.83 . Ford will have resistance on the upside located at $16.90 and then $17.50. Ford has run up a lot over the past month and I would continue to short on pulbacks below $16. However, Ford is a strong buy below $15. Ford is doing the classic sell the news event.

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