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Thursday, February 3, 2011

Ford Motor Co. (F) Stock Analysis 2/2/11

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis for Ford Motor Company ( F ) - February 2, 2011

Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 2/2/11

Resistance Levels: $16, $17

Support Levels: $15

Chart - http://www.stockcharts.com

Ford (NYSE:F) took another leg lower today and closed at $15.40. Ford continues to be a strong buy below $16 and F stock should do well for the rest of the year. I am personally buying Ford if the stock falls below $15. Ford stock has been on an amazing run lately but it was due for a correction. Ford will have support at $15.45 as well as $15. Ford continues is a strong buy below $16 now that we are seeing our first pullback in 2011. Continue to keep F on your watchlist!

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