Mauriello

Ford Technical Analysis - Stand Aside

Short
Mauriello Updated   
NYSE:F   FORD MTR CO DEL
I would go Short only based on Technical Analysis that shows a Symmetric Triangle - Continuation Pattern of a Bearish Market. In fact it would lead to a potential target level of 3.50$

Fundamental Analysis supports the Bearish Market:
Second quarter loss could exceed 5 Billion $ with a lost of 0.5$ per share.

Some Analyst are expecting a rise in the stocks up to 6.00$, This is the reason why the wisest option is to hold.
Trade closed: target reached:
Well done

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