Stock Technical indicators to notice in FORD MOTOR (F.SW)
1- Last bullish trend was from 8.80 $ (9/23/2011) to 9.35 $ (9/27/2011) a 0.55 $ move 2- The current bearish trend started from 9.35 $ at 9/27/2011 and is currently trading at 8.90 $.
4- F.SW current resistance level is at 9.01 which is the 61.80 % fibonacci retracement of the last 0.55 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
FORD MOTOR (F.SW) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 9.350 .
7- The Stock formed a 0.750 $ height triangle.
FORD MOTOR (F.SW) Mid term stock chart patterns for internet stock trading :
None.
FORD MOTOR (F.SW) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 8.820 that failed, and formed a support .
9- The Stock formed a 0.970 $ height triangle which was broken up at 8.880, target of the pattern is 9.850.
Stock Trading Conclusion:
FORD MOTOR (F.SW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 9.01, 9.01, 9.07, 9.08, 9.13, 9.14, 9.18, 9.22, 9.35, 9.85.
Stock Support levels : 8.80, 8.76, 8.65,.
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