By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - December 30, 2010
Ford Motor Co. ( F ) Support & Resistance Levels - 12/30/10
Resistance Levels: $17.03, $17.42
Support Levels: $16
Chart - http://www.stockcharts.com
Ford (NYSE:F) hit a high of $16.85 on Thursday and is now trading back below the 10 day moving average. Ford will have resistance located at $17.03 as well as the $17.42. 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.
For More Technical Analysis - Go Here
Ford (NYSE:F) hit a high of $16.85 on Thursday and is now trading back below the 10 day moving average. Ford will have resistance located at $17.03 as well as the $17.42. 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.
For More Technical Analysis - Go Here
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