The following is Ford Motor Co . (F) Technical analysis for December 20, 2010 Ford Motor Co F Resistance, pivot & Support Levels - 12/20/2010
Resistance levels: $17.02, $16.94, $16.87
Pivot point: $16.77
Support levels:$16.70, $16.60, $16.53
Share of Ford is looking strong once again with market. Ford will have resistance located at $16.90 as well as the $17.42 high which was made several weeks ago. If Ford can close above $17.42, I think it could run to $18.25-$18.75. Ford will now have solid support down at $16. If Ford breaks down through $16 again, Ford is a strong buy below $15 Ford is a strong buy below $15.Ford remains a strong buy on any major pullback.This is my long term investment.
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