Ford pares losses - Analysis - 14-01-2020

Ford Motor Company's stock plumbed the 50-day SMA support, lending it momentum and paring losses to 0.11% while buoyed by a positive pattern that formed in the medium term, with positive signals from the RSI. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 9.60. 

Expected trend for today: Bullish