Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Ford Motor Company's stock (F) slid in the intraday levels, registering a loss of 1.35% in the last session, or 0.17 points, and leaning on the support of 12.46, as the stock tries to gather momentum to help it rise anew, amid positive support from the 50-day SMA, with the dominance of the upward correctional short-term trend.
Therefore we expect the stock to return higher, provided the support of 12.46 holds on, targeting the resistance of 13.20.