Ford pierces pivotal resistance - Analysis - 13-01-2021
Economies.com
2021-01-13 10:07AM UTC
Ford Motor Company's stock (F) spiked 5.16% in the last session, piercing the pivotal resistance of 9.50, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 11.00, provided it holds above 9.50.
Expected trend for today: Bullish
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