December 26, 2013

FORD Chart analysis

  • Price staying below 200 Day SMA will be negative for the stock.
  • Weekly chart shows price breaking below the crucial rising support line from 8.81 levels. Next crucial support in chart is 14.3 level. Fib level shows 38.2% at 14.51.
  • Up moves from here may find it hard to cross 200 Day SMA.
  • SILVER Ascending triangle
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2 comments:

  1. $F hitting the 50sma on the weekly...could be a small bounce at least back to the 200sma on the daily or a bit higher

    ReplyDelete
  2. could see small gap on daily getting filled which would be a retest of the trendline

    ReplyDelete