Ford tests downward trend line - Analysis - 18-11-2019

Economies.com
2019-11-18 13:54PM UTC

Ford Motor's stock rose and tested the downward trend line while also touching the 50-day SMA line, amid negative signals from the RSI, marking a tentative profit of 1.82%. 

 

Therefore we expect the stock to return lower, targeting the first support of 8.70. 

 

Expected trend for today: Bearish 

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