Ford Motor Company's stock closed flat in a session marked with volatility, while underpinned by exiting a descending price channel that guided recent short-term movements, with positive support from the 50-day SMA, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 10.09, as long as the support of 9.25 holds on.
Expected trend for the stock: Bullish