I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
Ford (Ticker: F) is in an Up Trend. Immediate area of resistance is the 100 Day Simple Moving Average sitting around $11.45. If it can blow past that it should reach my Resistance Trend Line around $11.80ish before coming back down to hit Up Trend Support, and repeat...hopefully. Ford gapped down on January 17th of this year and that opening is another resistance line Ford needs to break. I've drawn a green horizontal line to show that price. I have no projections or guesses on how long Ford will keep this trend, or if it will stay on course to trend all the way to the gap line, but I've drawn my trending Resistance and Support lines out to meet the gap to track the movement.
Ford (Ticker: F) is in an Up Trend. Immediate area of resistance is the 100 Day Simple Moving Average sitting around $11.45. If it can blow past that it should reach my Resistance Trend Line around $11.80ish before coming back down to hit Up Trend Support, and repeat...hopefully. Ford gapped down on January 17th of this year and that opening is another resistance line Ford needs to break. I've drawn a green horizontal line to show that price. I have no projections or guesses on how long Ford will keep this trend, or if it will stay on course to trend all the way to the gap line, but I've drawn my trending Resistance and Support lines out to meet the gap to track the movement.