Time to ditch Ford

Ford shares made an unsuccessful attempt to breach a rock-solid historical level at USD 15.90, but this setback was in the cards, a wedge shaped up for quite a long time and brought the stock price right to that mark. Short selling at this level has already started. The breakout of the wedge bottom at USD 15.22 could accelerate the downturn. After the breakout investors can again launch short positions with a target at USD 14.25.
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