April 24, 2013

FORD Motor Chart analysis

 
  • Ford is showing weakness around the Golden ratio in daily chart. Bulls must close above this level and 13.58 for confirming strength.
  • Weekly time frame looks safe for bulls as long as price stays above the rising trend line from 8.82 levels.
  • Weekly MACD is looking negative for bulls. If price does not stay above 13.58 stock may test the bottom of the range at 12.1.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
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