Ford Motor may rise to 11.90 - 12.20

Our pivot point stands at 10.6.

Our preference

The upside prevails as long as 10.6 is support.

Alternative scenario

Below 10.6, expect 10.1 and 9.9.

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 10.7105 and 10.7048).

Supports and resistances

12.5 **

12.2 *

11.9 **

11.7

11.07 (USD-last)

10.8

10.6 **

10.1 *

9.9 **

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