Ford returns higher - Analysis - 26-03-2021

Economies.com
2021-03-26 12:57PM UTC

Ford Motor Company's stock (F) gained ground amid the dominance of the main upward trend in the medium and short terms, while leaning on the support of the 50-day SMA, lending it positive momentum as the RSI reached oversold levels. 

 

Therefore we expect more gains for the stock, targeting the important resistance of 13.59, provided the support of 12.14 holds on. 

 

Expected trend for today: Bullish 

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