FORD: Time To Recover The Lost ValueFORD: Time To Recover The Lost Value
I will share with you only the technical outlook for NYSE:F -FORD.
The price reached $9.6 at the end of October 2023.
This area was very old and was last tested in January 2021 or almost 2 years ago.
The price broke out of a large daily wedge pattern and looks set to recover again.
Even if the price tests 11 - 11.50 the picture already changed and NASDAQ:FORD price should rise again.
The correction moment is supported also by the Stochastic indicator which is showing for overbought conditions.
However, the price may also continue to rise from the market price.
You may find more details in the chart!
Thank you and Good Luck!