By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 16, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 11/16/10
Resistance Levels: $17.50
Support Levels: $16, $14.57
Chart - http://www.stockcharts.com
Ford (NYSE:F) hit a fresh 52 week high on Tuesday located at $17.42. Ford will have support down at the $16 area with the stock trading very strong ahead of the GM IPO this week. Ford does not have any major resistance now until $17.50. I continue to think Ford will do well heading into the GM IPO but the stock may sell off afterward. This will probably be a sell the news event for Ford. Regardless, Ford remains a strong buy on any major pullback.
Ford (NYSE:F) hit a fresh 52 week high on Tuesday located at $17.42. Ford will have support down at the $16 area with the stock trading very strong ahead of the GM IPO this week. Ford does not have any major resistance now until $17.50. I continue to think Ford will do well heading into the GM IPO but the stock may sell off afterward. This will probably be a sell the news event for Ford. Regardless, Ford remains a strong buy on any major pullback.
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