PinPointTrades

F Bouncing off 50-Day MA

Long
NYSE:F   FORD MTR CO DEL
50-Day moving average was a tough resistance until the breakthrough on November 11. After retesting and confirming that line as a new support, it now sits close to that line again. I'd look for this to get another bounce, possibly up to around 13.30
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.