Ford emits more positive signals - Analysis - 08-09-2022

Economies.com
2022-09-08 12:33PM UTC

Ford Motor Company's stock (F) rose in the last session, amid the dominance of the upward correctional short-term trend, with positive pressure from the 50-day SMA, after reaching oversold levels, hinting at positive divergence. 

 

Therefore we expect more gains for the stock, targeting the resistance of 16.68, provided it holds above 14.75. 

 

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Expected trend for today: Bullish

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