Ford Motor Co F Technical Analysis

The following is Ford Motor Co . (F) Technical analysis for October 8, 2010 

Ford Motor Co F Resistance & Support Levels - 10/08/2010

Support & Resistance Levels - 10/08/10
 
Resistance levels: $13.57, $13.48, $13.40

Support levels:$13.21, $13.10, $13.02 

Share of Ford Motor is trading near all moving average which is short term bullish.Stock is trading over $13.20 which is another bullish sign.Next resistance levels$13.57, $13.48, $13.40.Stock is need to hold 200 ema area.I like buy near 200 ema depend on market.If stock closed over  $13.18, I think stock could see new high of the year near future.This is my long term investment. I think longer run stock can go $20 near future.  

 

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