February 4, 2013

FORD Chart analysis

  • FORD Daily chart shows price trying to form a bottom near 50 Day SMA.
  • Weekly time frame shows price testing the crucial level at 13.05. Price sustaining below 13.05 may strengthen bears further. Rising support line from 8.82 levels may act as crucial support if the fall continues.
  • Price testing 38.2% Fib level. Holding above it may lead to an up move.
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