Ford (NYSE: F) Stock Trading Chart Analysis
Ford’s stock is setting up nicely for a rally.
I have a “buy” rating on it and think there is significant upside.
Ford pulled back to a 5-month up-trend line which it held nicely, and is now breaking above it’s downtrend line.
Relative performance versus the S&P 500 is turning up as well.
Our Money flow has been positive and getting stronger. We see about +17% upside from here.
The author may have positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
