TREND OF THE STOCK
- First chart is the daily time frame which shows 20 day and 50 day moving average showing a bullish crossover. We may see the stock move higher towards 15.98 levels in the coming week.
- 2nd Chart is the weekly chart on closing basis. And previous resistance was around 14.21 This level has given support for the stock. Previous resistance acting as support.
- 3rd Chart shows the Bullish Engulfing pattern on the support level. Breakout and close above 15.98 can give good upward momentum for Ford Motor.
- 4th chart shows the longterm structure of the stock which favors bulls. look how the Support levels are getting higher.
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