- Ford Motor co Daily and Weekly charts continue to look bearish.
- Friday the stock broke down from a range. Weekly chart shows a bearish flag breakdown, Weekly stochastic does not show any reversal signs.
- Third chart shows a possible support line which may give a reversal for the stock, But this support line is also the neck line of a big Head and Shoulders pattern. Bulls of Ford must hope that this pattern gets failed to avoid a bigger correction.
- SPY WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 30, 2012
Ford Motor Weekend Update
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