By Tim - http://stockstobuy.orgFord Stock Chart - The following is technical analysis on Ford Motor Company ( F ) - January 27, 2012
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/27/12
Resistance Levels: $14.22
Support Levels: $12
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock is trading around $13 this morning but showing signs of weakness. Ford (F) will have resistance located up at $14.22. Ford stock has been strong and should find support around $12 on a correction. However, a close below $12 would start a new downtrend. Since the stock was $10, I have been giving Ford (F) stock a price target of $13.50 in 2012. We are almost there with a 35% gain in a few months.
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/27/12
Resistance Levels: $14.22
Support Levels: $12
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock is trading around $13 this morning but showing signs of weakness. Ford (F) will have resistance located up at $14.22. Ford stock has been strong and should find support around $12 on a correction. However, a close below $12 would start a new downtrend. Since the stock was $10, I have been giving Ford (F) stock a price target of $13.50 in 2012. We are almost there with a 35% gain in a few months.
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