Ford Motors has been experiencing a down trend that has continuously been beat down by a strong trend line. Finally, the stock is breaking out, potentially to new all-time highs.
Trade active
(8/16) Ford is testing key level here around $13.35 ... a close below this on the daily may indicate weakness. So far, the level has acted as support.
Trade closed: stop reached
(8/17) Ford moved down below a key trend line. To re-enter this trade I would need to see a strong close above the line couple with supporting volume...
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