FORD MTR CO DEL
Long

FORD: Time To Recover The Lost Value

663
FORD: Time To Recover The Lost Value

I will share with you only the technical outlook for F -FORD.

The price reached $9.6 at the end of October 2023.
This area was very old and was last tested in January 2021 or almost 2 years ago.

The price broke out of a large daily wedge pattern and looks set to recover again.
Even if the price tests 11 - 11.50 the picture already changed and FORD price should rise again.

The correction moment is supported also by the Stochastic indicator which is showing for overbought conditions.
However, the price may also continue to rise from the market price.

You may find more details in the chart!

Thank you and Good Luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.