Ford returns lower - Analysis - 16-09-2020

Ford Motor Company's stock returned lower with a 1.12% loss while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we reaffirm our positive outlook for the stock, targeting the pivotal resistance of 7.70, provided the support of 6.72 holds on. 

Expected trend for today: Bullish