Ford rises tentatively - Analysis - 07-08-2019

2019-08-07 15:10:06 GMT (Economies.com)
 

Ford Motor Company's stock rose in the intraday levels amid positive signals from the RSI while recouping some past losses, while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to fall, targeting the support of 9.06, as long as the resistance of 9.77 holds on. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1128
-0.0004
0.0321%
1.3355
0.0015
0.1102%
Tadawul
8049.50
43.73
0.55%
16.940
0.368
2.221%
59.797
0.686
1.161%
65.22
1.02
1.59%
1475.445
15.600
1.069%
 
 
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