By Tim - http://stockstobuy.orgFord Stock Chart - The following is technical analysis on Ford Motor Company ( F ) - January 3, 2012
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/3/12
Resistance Levels: $11, $11.11, $11.40
Support Levels: $10.43, $9.99
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock enters 2012 trading just below $11. Ford (F) will have resistance located up at $11 as well as $11.40. If Ford (F) closes above $11.40 in 2012, I expect a nice rally back into the mid to high $12's. Ford stock needs to hold $10 on the downside. If F breaks $10 in 2012, it could get ugly. I give Ford (F) stock a price target of $13.50 in 2011.
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/3/12
Resistance Levels: $11, $11.11, $11.40
Support Levels: $10.43, $9.99
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock enters 2012 trading just below $11. Ford (F) will have resistance located up at $11 as well as $11.40. If Ford (F) closes above $11.40 in 2012, I expect a nice rally back into the mid to high $12's. Ford stock needs to hold $10 on the downside. If F breaks $10 in 2012, it could get ugly. I give Ford (F) stock a price target of $13.50 in 2011.
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