By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - October 17, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 10/17/10
Resistance Levels: $14, $14.57
Support Levels: $12.25, $11, $10.95
Chart - http://www.stockcharts.com
Ford (NYSE:F) tested the $14's last week but is now pulling back near the 10 day moving average. Ford has resistance on the upside located at $14 & $14.57 which is the current 52 week high. If Ford does manage to break up through $14.57, I'd look for the stock to test $15. The GM IPO will be coming in a few months which should be a nice positive catalyst for the stock. Ford is a strong buy on pullbacks below $13.
Ford (NYSE:F) tested the $14's last week but is now pulling back near the 10 day moving average. Ford has resistance on the upside located at $14 & $14.57 which is the current 52 week high. If Ford does manage to break up through $14.57, I'd look for the stock to test $15. The GM IPO will be coming in a few months which should be a nice positive catalyst for the stock. Ford is a strong buy on pullbacks below $13.
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