Ford Motor Co F Resistance, pivot & Support Levels - 05/10/2010Resistance levels: $12.99, $12.49
Support levels:$10.98, $10.45
Share of Ford is trading under all moving average which is very bearish because whole market is correction mode.I will be go long if stock close over $13 with volume.I am watching in next big support area which is 200 moving average $10.25.Short term stock could run $15-$16 area if market rebound.Long term stock will be good buy in 50 ema.Resistance level is $14. This would be a solid buy for the long term investment.
Good Luck .. Trade Smart!
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