Ford tries to recoup some losses - Analysis - 06-09-2018

Economies.com
2018-09-06 13:27PM UTC

Ford Motor Company's stock rose 0.21% in the last session, or 0.02 points, as the stock vents off oversold saturation in the RSI, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, as long as it settles below 9.60, targeting the support of 8.88. 

Expected trend for today: Bearish 

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