Ford amid negative outlook - Analysis - 18-10-2018

Economies.com
2018-10-18 13:53PM UTC

Ford Motor Company's stock fell 0.45% in the last session, or 0.04 points, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, countered with positive signals from the RSI. 

 

Therefore we expect more losses for the stock, as long as the resistance of 9.30 holds on, targeting the support of 8.51. 

 

Expected trend for today: Bearish 

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