Hey,
A loyal subscriber Chris has asked me to go over the ford motor company stock.
So this is for you Chris:
So When looking At The Ford Motor Company..
We can see that in early 09, the stock was trading as low as $1.60 , yes amazing right.. this stock got that low and it was due to the famous credit crisis Stock market crash.
The we can see buy looking at the chart or the video above that the it went from as low as
$1.60 to as high as $18.40 and then has had a pull buck of 50% or the entire up move and it has came back down to around the $11 level.
We would see that the S&P 500 as of late has seen some nice legs to the high side and i do think that this may continue.. but we are at a very strong resistance now , so lets see if it will break it.
Watch the latest S&P 500 video here
Now more on the ford motor company
As you can see in the video, that the ford has found really good support around that 50% level , which is around the $11 as we have all ready said but you can see that it has broker above a strong resistance line and has came back down to test this as good support.
The questions is..
Can The Ford Motor Company see more upside..
Well since it is at good support , then I think we have a good chance of seeing more high side of this stock moving higher.
If you looking to invest then I would look at ways to invest while being protected. and you can see that but check out my webinar replay video here:
Check out the webinar replay video.
Have a great week.
john
Tags: "Ford Motor Company", ford, Stock Market, The ford motor company
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