Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/29/11
Resistance Levels: $17, $17.88
Support Levels: $16, $15.62
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock closed at $16.27 on Friday but was up slightly in afterhours. Ford continues to be a strong buy below $16 and F stock should do well for the rest of the year. Ford stock has been on an amazing run lately but it was due for a correction. Ford will have support on the located at $16 and $15.62 next week. Ford continues is a strong buy below $16 now that we are seeing our first pullback in 2011. Continue to keep F on your watchlist!