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Monday, November 29, 2010

Ford Motor Co. (F) Stock Analysis 11/29/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 29, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 11/29/10

Resistance Levels: $16.55, $16.90

Support Levels: $15.62, $15.00

Chart - http://www.stockcharts.com

Ford (NYSE:F) is currently trading around $15.90. Ford will have support down at $15.62 as well as $15.00. Ford will have resistance on the upside located at $16.55 and then $16.90. 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's 50 day moving average is down at $14.39 but rising every day.

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