Ford is going for all time lows and the level tested in 2008
The ford motor company has formed an bearish rising wedge with heavy volume activity in red.
keeping in context the condition of Pre COVID-19 condition of ford which were on track of improvement and already facing problems in keeping up with profit margins. quit obviously the demand in future is going to go down any financial stimulus will keep the company floating but will not contribute to the sales.
Worst case scenario F is going to test 0.98.
keeping in context the condition of Pre COVID-19 condition of ford which were on track of improvement and already facing problems in keeping up with profit margins. quit obviously the demand in future is going to go down any financial stimulus will keep the company floating but will not contribute to the sales.
Worst case scenario F is going to test 0.98.