April 8, 2013

FORD Weekend update

  • Ford weekly fib levels shows price taking support at 38.2% Fib level.
  • Second chart also shows price hitting the support line from 8.82 level.
  • Last chart is a bearish one which shows price closing below 20 Week SMA. Weekly MACD also shows a sell signal. Price sustaining below 20 Week SMA may lead to bigger down moves.

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