itshabib

Ford near resistance at 12

Largo
NYSE:F   FORD MTR CO DEL
Getting close to the resistance at $12. We've been in a small 20 cent range since Apr 29th. If we can break out of here I will be targeting the high from the week of Apr 26 which is $12.60. So far it looks like it will just bounce down but I'm keeping an eye on it in case it breaks through. If there's a move I will probably use the 12 calls with at least a couple weeks of time.

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