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Wednesday, May 26, 2010

Ford Motor Co. F Stock Analysis

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - May 26, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 5/26/10

Resistance Levels: $11.44, $11.76, $12

Support Levels: $10.17, $10, $9.15

Chart - http://www.stockcharts.com

Ford (NYSE:F) manged to hold the 200 day moving average again on Tuesday and bounced 5% off the lows. At this point, it appears Ford formed a bottom at $10.17 but It's still to early to tell. If Ford would close below $10.17 in the future, I don't see any major support until $9.00. Resistance is located at $11.44.

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