Wednesday, April 21, 2010

Ford Motor Co F Technical Analysis

Ford Motor Co F Technical Analysis - 04/21/2010

Resistance levels: $14.54, $14.00


Support levels:$13.38, $12.65



Ford is trading last few days same trading range.Iif stock close over $14.54 stock  can go $15 near term. Ford closed  over the all moving average which is very bullish.I like pullbacks to the 50 day moving average as long as the stock holds $12.65. Ford will have resistance on the upside at $14.54 $14. If Ford stock would fall below $13, there is no major support level until around $12 level. Support levels are $13.38 $12.65 . Any weakness under $12 stock is good buy. This would be a solid buy for the long term investment.

Good Luck .. Trade Smart!

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