Medium term view - FORD MOTOR : Weak reaction on resistance.
The trend remains neutral. Prices will have to break above the peak at $13.200 for the trend to be positive again with an invalidation level below $10.864.Arguments :
- The descending resistance has been reached, it causes the drop.
- The reaction at the resistance is weak, we...
Ford Motor designs, manufactures, markets, and services a line of Ford cars, trucks, sport utility vehicles, electrified vehicles, and Lincoln vehicles, as well as provides financial services through its subsidiary, Ford Motor Credit Company LLC. The company is engaged in electrification; mobility solutions, including self-driving services; and connected vehicle services. The company has three operating segments: Automotive, which includes the sale of Ford and Lincoln vehicles, service parts, and accessories; Mobility, which includes its autonomous vehicles and its investment in mobility through Ford Smart Mobility LLC; and Ford Credit, which includes vehicle-related financing and leasing activities.
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