Monday, August 1, 2011

Ford Motor (NYSE:F) stock prices outlook August 1 2011

Ford Motor (NYSE:F) stock prices outlook August 1 2011 ; Ford Motor (NYSE:F) is also among the leaders in today’s pre-market with its stock attempting to rebound from a drop of more than 8% in the last 5 days.

Ford appears to be bouncing from the lower support line of the downtrend channel, so definitely has room to run towards its 50 day moving average around the $13.75 mark.

Ford failed to impress investors when it reported earnings earlier this week making its stock to continue on its downward trajectory. Ford earnings showed a continuing struggle for the company to optimize their models versus raising commodity costs.

No comments:

Post a Comment