Ford tries to shake off negative pressure - Analysis - 09-09-2019

Ford's stock rallied at the start to touch the resistance of the 50-day SMA, while shaking off pressure, readying to tackle the resistance of 9.61, amid the dominance of the medium term, as the RSI reached overbought levels compared to the stock's movements. 

Therefore we predict a strong chance of a decline in the short term as long as the resistance of 9.61 holds on, targeting the support of 9.32. 

Expected trend for today: Bearish