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Thursday, 7 November 2019

Ford (NYSE: F): 7 November 2019, Thursday, 12.58am Singapore Time (6 Nov US Time)


Ford (NYSE: F): 
7 November 2019, Thursday, 12.58am Singapore Time (6 Nov US Time)
(Click on Technical Chart above to Expand)
Attached is the Technicals for Ford. Observe the technicals in detail, in particular paying attention to my red band, brown band and black band of resistances suppressing Ford. Ford will continue to be shorted down and be hammered down as illustrated by the red trajectory. The SCTR is deteriorating to the point of F for Ford. The resistances that are acting on the current price action means heavy selling is expected to come for Ford because these resistances are significantly bearish resistances of high selling pressure.

The Donovan Norfolk Technical Rating for Ford:
 Bearish (Short/Sell)

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