Ford trapped in a hesitant place - Analysis - 12-05-2021
Economies.com
2021-05-12 11:42AM UTC
Ford Motor Company's stock (F) fell 1.11% in the last session, with negative signals from the RSI after reaching overbought levels, amid negative pressure from the 50-day SMA, as the stock traded alongside the main upward medium-term trend line.
Therefore we expect the stock to return higher, targeting the resistance of 12.14, provided the support of 11.13 holds on.
Expected trend for today: Bullish
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