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Friday, February 12, 2010

Ford Motor Co. F Stock Analysis - 2/16/10

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - February 16, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 2/16/10

Resistance Levels: $11.50, $11.95, $12.14

Support Levels: $10.41, $10, $9


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Ford (NYSE:F) has been closing right around the 10 day moving average lately and is in a classic flag formation. If Ford closes back above $11.50 again, I think it could test the 52 week high of $12.14. I'd be a buyer of a pullback to $10.50 with a tight stop at $10.39.

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