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Matt_Feda
Aug 28, 2014 11:13 PM

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

Ford Motor CompanyNYSE

Description

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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