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mrezaei
May 15, 2016 4:48 AM

Short Opportunity Short

Ford Motor CompanyNYSE

Description

Well, F has been in a falling channel for quite some time now and we missed shorting when it touched the upper trend line, but we have another chance here. The price has broken the short term rising trend line (after touching the long term trend line) and if the price closes below $13.07, we can short for a target of $11.07 or possibly lower. lets see how it plays out.
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