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Friday, December 23, 2011

Ford (F) Stock Analysis - 12/23/11

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis on Ford Motor Company ( F ) - December 23, 2011

Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 12/23/11

Resistance Levels: $11.60

Support Levels: $9.75

Chart - http://www.stockcharts.com

Ford (NYSE:F) is trading right at $11 on Friday. Ford Motor Co (F) will face major resistance around the $11.60 level going forward. Ford Inc. (F) has been a strong buy below $10 over the past 4 months and should bounce again if we go back down. Ford Stock is a buy below $10 for the long term. If you are trading Ford in the short term, keep a stop at $8.99.

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