Commentary: Ford Motor Company stock is expected to fall Wednesday, March 10, 2010, and through to Friday, at which point it should start regaining some ground. Key support levels are $12.52 and 12.18. The projection remains relevant as long as the price action is contained below the immediate (and strongest) resistance level of $13.10.
IMPORTANT TECHNICAL LEVELS
Key support:
$12.52, 12.18, 11.84
Key resistance:
$12.90, 13.10
Key market dates:
March 10, March 12
Peak Projection Performance:
March 10-12
For projection shape, segments, direction, and additional information, see attached chart.
*all times in EST
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