Ford Motor may fall to 9.30 - 9.50

10.8 is our pivot point.

Our preference

The downside prevails as long as 10.8 is resistance.

Alternative scenario

Above 10.8, look for 11.3 and 11.6.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 10.685 and 10.6562).

Supports and resistances

11.6 **

11.3 *

10.8 **

10.6

10.45 (USD-last)

9.8

9.5 **

9.3 *

9 **

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