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Matt_Feda

F - Look to break prev. resistance, MACD, SMA, RSI support.

Long
FORD MTR CO DEL (NYSE:F)  
Matt_Feda  
NYSE:F   FORD MTR CO DEL
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After ABC correction, new elliot wave pattern emerging. Should be able to break through previous resistance.
MACD and RSI are both trending upward.
Moving averages also show support.
Price target of $21.80 with a stop at $16.10.
Fundamentals support the move upward as well.
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