By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 18, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 11/18/10
Resistance Levels: $17.50
Support Levels: $16, $14.57
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock is lower today as a firm downgraded the company ahead of the GM IPO. Ford has support down at $16 which has held during the past week. Ford will have resistance on the upside located at $17.50 but if the stock breaks that level, it could shoot into the $18's. Ford has run up a lot over the past month so if the stock breaks down through $16, I'd be a seller. Ford is a strong buy below $15. Ford is doing the classic sell the news event.
Ford (NYSE:F) stock is lower today as a firm downgraded the company ahead of the GM IPO. Ford has support down at $16 which has held during the past week. Ford will have resistance on the upside located at $17.50 but if the stock breaks that level, it could shoot into the $18's. Ford has run up a lot over the past month so if the stock breaks down through $16, I'd be a seller. Ford is a strong buy below $15. Ford is doing the classic sell the news event.
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