16.10.2015 - We forecast growth of shares Ford Motors Company

The price of Ford Motors Company after the second rebound from the support level at 13.00 started to grow within the upward movement and was able to overcome the upper limit of the downward channel and a local maximum at 14.90. This fact was the confirmation of a buy signal with the immediate goals at 16.00 and 16.60. Also on the chart has been formed a double bottom figure, which indicates a reversal in the negative trend. We are forecasting continued growth of quotations with high probability.

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