Tuesday 15 September 2015

F - rising with the main market

With the main market closing significantly higher, Ford (F), settled higher by a very significant 3.8% @ $14.30. Near term outlook is for further upside, but there will be very strong resistance in the $14.75/15.00 zone. Sustained action in the $15s looks unlikely... with threat of the 12/11s in October.


F, daily



F, monthly


Summary

Little to add.

Short term bullish... mid term bearish....  long term bullish!
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