The following is Ford Motor Co (F) Technical analysis for October 31, 2011
Ford Motor Co (F) Resistance, pivot & Support Levels - 10/31/2011
Resistance levels: $12.30, $12.18, $12.09
Pivot point: $11.97
Support levels: $11.88, $11.76, $11.67
Share of Ford Motor is trading over 9 day moving average now. Stock closed at $12.00 on Friday which is very bullish in technical side.Ford (F) will have resistance at $12.82 and support level is $11.56.Ford will now hit the next big resistance level $12.65 which is closing basis. Ford continues is a strong buy below low $10.This is my one of the top pick for 2012.
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