Ford appears to be bouncing from the lower support line of the downtrend channel, so definitely has room to run towards its 50 day moving average around the $13.75 mark.
Ford failed to impress investors when it reported earnings earlier this week making its stock to continue on its downward trajectory. Ford earnings showed a continuing struggle for the company to optimize their models versus raising commodity costs.
For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment