Ford deepens losses - Analysis - 16-08-2018

Ford Motor Company's stock fell 0.53% in the last session, or 0.05 points, while settling below 9.60, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, and amid the dominance of the main downward trend in the medium and short terms. 

Therefore we expect more losses for the stock, targeting the support of 8.88, as long as it settles below 9.60.