Ford rises alongside main downward trend line - Analysis - 19-02-2019

Economies.com
2019-02-19 12:35PM UTC

Ford Motor Company's stock rose 1.43% in the last session, or 0.12 points, as it vented off oversold saturation in the RSI, while trading alongside the main downward trend in the short term. 

 

Therefore we expect the stock to return lower, as long as the resistance of 8.90 holds on, targeting the support of 8.17. 

 

Expected trend for today: Likely Bearish 

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