Ford breaches upside trend line - Analysis - 25-07-2019

Economies.com
2019-07-25 14:23PM UTC

Ford Motor Company's stock skidded past the 50-day SMA support, and leading to the breach of the upward short-term trend line, doubling pressures on the stock. 

 

Therefore we expect more losses for the stock, as long as it settles below 9.77, targeting the support of 9.31. 

 

Expected trend for today: Bearish  

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