Stocks

Ford Motor may rise to 13.60 - 14.00

2024-05-19

11.7 is our pivot point.

Our preference

Short term rebound towards 13.6.

Alternative scenario

Below 11.7, expect 11.1 and 10.7.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 12.465 and 12.6006).

Supports and resistances

14.4 **

14 *

13.6 **

13.2

12.28 (USD-last)

12

11.7 **

11.1 *

10.7 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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