lruschel
Short

Ford tests important resistance level

NYSE:F   FORD MTR CO DEL
37 0 3
This is the kind of short that I like: the downtrend was defined by the breakdown of a important support level last week and now the market test this same level as resistance, forming a gravestone doji .

I expect the price to resume the downtrend seeking the last bottom at 15.15 and even beyond that level.

Change my mind if the price breaks the resistance level at 16.09.
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