FORD has a strong uptrend and has finally presented an attractive time to get into this game. If you want to play it safe wait for it to close above 16.75. If it starts moving sideways I will re-evaluate the situation. HAPPY TRADING!!!
I agree with this. However you have to watch out for the SPY. Ford is directly tied in with out the SPY performs. Any major drop in the SPY may send this thing down further. Volume on this thing has definitely dried up which is also a concern. I personally am waiting on to see how the SPY develops and perhaps stronger data from China and Europe to support another major upwards trend. I believe that this current run may be at a end unfortunately. Great company that gets no respect!