By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - February 7, 2011
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 2/7/11
Resistance Levels: $17
Support Levels: $15.10, $15
Chart - http://www.stockcharts.com
Ford (NYSE:F) broke above $16 today and is holding this level . Ford (F) will have resistance today located at $16.36. Ford will now hit the next wave of resistance located at $16.63 which is the 10 day moving average. I continue to like Ford below $16 for the long term but won't get involved until the lower $15's and a break below $15. Based on last weeks trading, F stock has solid buying support down around $15 so this is why it made a short term bottom. Ford has a good chance of testing $17 this week if the stock market can remain strong.
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 2/7/11
Resistance Levels: $17
Support Levels: $15.10, $15
Chart - http://www.stockcharts.com
Ford (NYSE:F) broke above $16 today and is holding this level . Ford (F) will have resistance today located at $16.36. Ford will now hit the next wave of resistance located at $16.63 which is the 10 day moving average. I continue to like Ford below $16 for the long term but won't get involved until the lower $15's and a break below $15. Based on last weeks trading, F stock has solid buying support down around $15 so this is why it made a short term bottom. Ford has a good chance of testing $17 this week if the stock market can remain strong.
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