Ford Motor Co F Resistance & Support Levels - 10/15/2010
Resistance levels: $17.02, $16.78, $16.54
Support levels:$16.05, $15.80, $15.56
Ford is trading over all moving average now.Ford will have support $16 area with the stock trading very strong ahead of the GM IPO next week. I continue to think Ford will do well heading into the GM IPO but the stock may sell off afterward. This will probably be a sell the news event for Ford. Regardless, Ford remains a strong buy on any major pullback.Ford will hit resistance around $17 which will be new resistance area have to look now.This is my long term investment.
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