Ford parks at pivotal resistance - Analysis - 05-11-2019
Economies.com
2019-11-05 12:57PM UTC
Ford's stock rose recently to retest the resistance of 8.97, representing the ratio 50% of Fibonacci retracement levels for an ascending wave, while touching the resistance of the 50-day SMA.
Therefore we expect the stock to return lower and target the support of 8.61.
Expected trend for today: Bearish
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