03.06.2014 - Ford may continue to grow after consolidation

The stock price of Ford Motor Company has broken through the upper boundary of the triangle and reached resistance at 16.50. After a strong growth the price probably will correct and fix beyond the triangle. Confirmation of a buy signal will be price fixing above 16.50. In such case the price may rise to 17.50, 18.00 and 20.00. In case of decrease the price may reach 16.00. We expect growth of the stock price in the medium term.

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