FORD MOTOR CO. WEEKLY TECHNICAL ANALYSIS – 10 MARCH 2022

FORD MOTOR CO. WEEKLY TECHNICAL ANALYSIS – 10 MARCH 2022

FORD MOTOR CO. Technical Analysis: Weekly Chart

In the weekly charts, FORD MOTOR CO. is trading in the up channel.

It is trading above 50 and 100 days SMA & below 20 days SMA.

The immediate support is 15.44 & the resistance level is at 17.03.

FORD MOTOR CO. is trading in the up channel until there is a trend reversal.

FORD MOTOR CO. Technical Analysis: Daily Chart

In the daily charts, FORD MOTOR CO. is trading in the down channel.

It is trading below all SMA.

The immediate support is 15.99 & the resistance level is 16.66.

FORD MOTOR CO. is trading in the down channel until there is a trend reversal. 

How to Trade FORD MOTOR CO. this Week:

FORD MOTOR CO. will follow the downtrend until their trend reversal. So, remain bearish on FORD MOTOR CO.

TRADE SUGGESTION- SELL AT 16.34, TAKE PROFIT AT 15.99 AND STOP LOSS AT 16.66

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