Ford break-out 10-Oct-2017 (Daily)
Updated
Ford has been breaking out from a major long-term downtrend and has been moving upwards since 18-Aug-2017 from $10.46 and the currently ranging at $12.04 and 12.13.
However there is a pinbar on the 4th of Oct 2017 and there is no sign higher movements at the moment. So Ford might be consolidating from this rally.
Action: Watch $12.50
However there is a pinbar on the 4th of Oct 2017 and there is no sign higher movements at the moment. So Ford might be consolidating from this rally.
Action: Watch $12.50
Trade active
Limit Buy order at 12.39Stop at 12.00
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