Ford trapped in a hesitant place - Analysis - 27-07-2021

Ford Motor Company's stock (F) rose 1.52% in the last session amid tight trading recently, with pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels, amid the dominance of the main upward trend in the medium term.

Therefore we expect more gains for the stock, targeting the resistance of 14.43, provided the support of 13.43 holds on.

Expected trend for today: Bullish