Ford Motor Company's stock (F) tumbled 5.45% in the last session, trespassing the support of the 50-day SMA, amid the dominance of the downward correctional short-term wave, with negative signals from the RSI despite reaching oversold levels.
Therefore we expect more losses for the stock, targeting the support of 10.85, provided it holds below 12.14.
Expected trend for today: Bearish