By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 21, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 11/21/10
Resistance Levels: $16.90, $17.50
Support Levels: $16, $15.83
Chart - http://www.stockcharts.com
Ford (NYSE:F) closed below the 10 day moving average for the 2nd straight day. 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.
Ford (NYSE:F) closed below the 10 day moving average for the 2nd straight day. 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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