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Tuesday, January 31, 2012

Ford (F) Stock Analysis January 31, 2012

By Tim - http://stockstobuy.org

Ford Stock Chart - The following is technical analysis on Ford Motor Company ( F ) - January 31, 2012

Ford Motor Co. (NYSE: F ) Support & Resistance Levels - 1/31/12

Resistance Levels: $14.22

Support Levels: $12

Chart - http://www.stockcharts.com

Ford (NYSE:F) stock is trading around $12.50 this morning. Ford (F) will have resistance located up at $13. A close below $12 would start a new downtrend. Since the stock was $10, I have been giving Ford (F) stock a price target of $13.50 in 2012. We got within $0.50 of that price target but I am still sticking by it for 2012.

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