PaperBozz

$F - Breaking down from multi-year trendline

NYSE:F   FORD MTR CO DEL
Ford broke below the multi-year trendline that started from March of 2020.

The price could further breakdown to $11.30 area before finding a support. However, if $11.30 breaks the next support area is $9.60 area which would be an attractive entry point.

I'd be interested to start a small position around 11.30 and load more at $9.60.

Not an investment advice.