Thursday, April 29, 2010

Ford Motor Co F Technical Analysis

Ford Motor Co F  Technical Analysis - 04/29/2010

Resistance levels: $13.72, $14.00

Support levels:$12.90, $12.65



Ford is trading under all moving average and stock rebound from  50 day moving average. If stock close over $14.54 stock  can go $15 near term.  Ford will have resistance on the upside at $13.7.If Ford stock would fall below $13, there is no major support level until around $12 level. Support levels are $12.90 and $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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