Ford drops anew - Analysis - 20-07-2018

Ford Motor Company's stock (F) fell anew in the intraday levels, leaning anew on the support of 10.78, amid negative pressure from the 50-day SMA, marking a 0.46% loss in the last session, or 0.05 points, while getting hurt by a negative pattern that formed in the short term, the Rising Wedge pattern. 

Therefore we expect more losses for the stock, especially if the support of 10.78 was breached, targeting the next pivotal one at 10.19.