Ford's chart is showing bullish divergence as the stock price decreased but the RSI and MACD have increased.
This suggests that the stock may have bottomed out and is poised for a rebound.
Ford has a positive growth catalyst with its electric vehicle line-up: F-150 Lightning, Mustang Mach E, and E-Transit van.
The company also produces hybrids. The EVs and hybrids can stimulate growth for Ford during this time of high gas prices.
You can google the title: "Ford - The Future is Looking Brighter with EVs" to read more.
This suggests that the stock may have bottomed out and is poised for a rebound.
Ford has a positive growth catalyst with its electric vehicle line-up: F-150 Lightning, Mustang Mach E, and E-Transit van.
The company also produces hybrids. The EVs and hybrids can stimulate growth for Ford during this time of high gas prices.
You can google the title: "Ford - The Future is Looking Brighter with EVs" to read more.