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Sunday, December 12, 2010

Ford Motor Co. (F) Stock Analysis 12/12/10

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - December 12, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 12/12/10

Resistance Levels: $17.42

Support Levels: $16

Chart - http://www.stockcharts.com

Ford (NYSE:F) closed at $16.73 on Friday and continues to trade above the 10 day moving average. Ford will have resistance located at $16.92 and the $17.42 high which was made several weeks ago. If Ford can close above $17.42, I think it could run to $18.25-$18.75. Ford will now have solid support down at $16. If Ford breaks down through $16 again, Ford is a strong buy in the $15's.

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