Ford (NYSE:F) failed to break Thursday's high of $16.89 but is still very strong. Ford will have resistance located at $16.90 as well as the $17.42 high which was made several weeks ago. If Ford can close above $17.42, I think it could run to $18.25-$18.75. Ford will now have solid support down at $16. If Ford breaks down through $16 again, Ford is a strong buy below $15.
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