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Sunday, January 17, 2010

Ford Motor Co. F Stock Analysis

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - January 19, 2010

Ford Motor Co. ( F ) Support & Resistance Levels - 1/19/10

Resistance Levels: $12.14

Support Levels: $11.50, $11, $10


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Ford (NYSE:F) is testing the $11.50 support level as well as the 10 day moving average. A close below the 10 day moving average at any time would be bearish and I'd expect the $10.50-$11 area to be tested. I'd be a buyer of Ford is it fell below $10.50.

Resistance is located between $11.90-$12.14. A close above $12.14 would start a new break out.

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Citigroup Inc C Stock Analysis - Trading Outlook

Citigroup Stock Chart - The following is a little Citigroup Inc. ( C ) stock technical analysis for January 19, 2010

Citigroup Inc (C:NYSE) Support & Resistance Levels - 1/19/10

Resistance Levels: $3.60, $3.70, $3.82, $4.00

Support Levels: $3.29, $3.13


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Citigroup Inc (NYSE:C) crashed below the 10 day moving average on Friday ahead of earnings on Tuesday. The next major support level to watch out for is located at $3.30. A close below $3.30 would be very bearish and the $3.13 low could be tested. If Citigroup closes below the $3.13 low, things could get very ugly. I think it will hold however.
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