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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