Ford has diverged significantly from the ascending channel it's been in, so I wouldn't be surprised if we see a retracement back into the channel.
We perfectly hit the 50d MA, but whether we break through that is the important thing to note. Watch out for it.
Bearish divergence on the daily too, which is bearish. Momentum seems to be flipping.
10% drop from here is on the table.
We perfectly hit the 50d MA, but whether we break through that is the important thing to note. Watch out for it.
Bearish divergence on the daily too, which is bearish. Momentum seems to be flipping.
10% drop from here is on the table.