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!
--