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


Little to add.

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