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Wednesday, January 19, 2011

Ford Motor Co. (F) Stock Analysis - 1/19/11

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - January 19, 2011

Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/19/11

Resistance Levels: $19-$20

Support Levels: $17, $16

Chart - http://www.stockcharts.com

Ford (NYSE:F) dropped 4% as the stock broke down technically. Ford could be getting ready for a retest of the $17 area. Ford stock has been on an amazing run lately but will face strong resistance located between $19-$20. On the downside, Ford will have support on the downside located at $17 as well as $16.90. Ford is a strong buy below $16 if we see a pullback in 2011. Continue to keep F on your watchlist!

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