Ford readies to tackle pivotal resistance - Analysis - 28-12-2021

Ford Motor Company's stock (F) spiked 2.72% in the last session, with positive signals from the RSI, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, settling thereafter at 20.80.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 21.45.

Expected trend for today: Bullish