By Tim - http://stockstobuy.org
Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - January 23, 2011
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/23/11
Resistance Levels: $19-$20
Support Levels: $17.35, $17
Chart - http://www.stockcharts.com
Ford (NYSE:F) closed at $17.95 Friday after testing the $18 resistance area. Ford will now hit the first wave of resistance located in the $18's. Ford stock has been on an amazing run lately but will face more strong resistance located between $19-$20. On the downside, Ford will have support on the downside located at $17.35 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!
Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/23/11
Resistance Levels: $19-$20
Support Levels: $17.35, $17
Chart - http://www.stockcharts.com
Ford (NYSE:F) closed at $17.95 Friday after testing the $18 resistance area. Ford will now hit the first wave of resistance located in the $18's. Ford stock has been on an amazing run lately but will face more strong resistance located between $19-$20. On the downside, Ford will have support on the downside located at $17.35 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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