By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - November 9, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 11/9/10
Resistance Levels: $16.50, $17
Support Levels: $16, $14.57
Chart - http://www.stockcharts.com
Ford (NYSE:F) stock hit $16.58 today which is a new 52 week high. Ford will not have any major resistance until $17 but if the GM IPO is received well, the stock could trade well into the $17's. I probably wouldn't be chasing Ford right now given the run but I have been telling my readers for the past two months that Ford will benefit from this GM IPO. Ford remains a strong buy below $15 per share.
Ford (NYSE:F) stock hit $16.58 today which is a new 52 week high. Ford will not have any major resistance until $17 but if the GM IPO is received well, the stock could trade well into the $17's. I probably wouldn't be chasing Ford right now given the run but I have been telling my readers for the past two months that Ford will benefit from this GM IPO. Ford remains a strong buy below $15 per share.
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