Ford Motor may rise to 15.60 - 16.00

Our pivot point is at 13.5.

Our preference

The upside prevails as long as 13.5 is support.

Alternative scenario

Below 13.5, expect 12.9 and 12.5.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 13.128 and 12.4922).

Supports and resistances

16.4 **

16 *

15.6 **

15.3

13.98 (USD-last)

13.7

13.5 **

12.9 *

12.5 **

Number of asterisks represents the strength of support and resistance levels.