Ford pierces pivotal resistance - Analysis - 13-01-2021

2021-01-13 10:07:34 GMT (Economies.com)
 

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

 
 
 
  Symbol Last Change Chg.%
1.2125
0.0060
0.5010%
1.3673
0.0124
0.9130%
Tadawul
8878.30
-29.61
0.33%
25.750
0.844
3.389%
53.019
0.719
1.375%
56.08
-0.23
0.41%
1868.940
32.825
1.788%
 
 
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