Ford Motor may rise to 13.10 - 13.50

Our pivot point is at 11.5.

Our preference

Short term rebound towards 13.1.

Alternative scenario

The downside breakout of 11.5 would call for 11 and 10.7.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands above its 20 day moving average (12.099) but below its 50 day moving average (12.4752).

Supports and resistances

13.8 **

13.5 *

13.1 **

12.8

12.15 (USD-last)

11.7

11.5 **

11 *

10.7 **

Number of asterisks represents the strength of support and resistance levels.