Ford (F) is closely following the price action in the main indexes, and with the market seeing some moderate latter day recovery, Ford closed above the earlier lows, +1.2% @ $15. Slight upside for Monday seems likely, but then 1-2 weeks of downside to 14.00/13.50.
Ford is very much in sync with the main US markets, although is one of the more stronger stocks/companies out there.
If the main market outlook is correct - sp'1550/30 by mid July, then Ford will very likely fall to $14, if not the mid 13s. A further fifth wave higher into Aug/Sept, would then see Ford break to new highs, perhaps even challenging the early 2011 highs - into the $17/18s.
Ford is unquestionably a great company, and one that continues to be a good barometer of the main US market.