22.06.2015 - We expect a further decline in prices of Ford Motor Company

The stock price of Ford Motor Company continued its downward movement within the local downward channel and fixed beyond the long-term rising channel. Currently quotes are consolidated near the level of 15.00, and according to our forecasts, will continue to decline in the near future to the nearest targets at 14.50 and 13.50. In case of change of the current rising trend to positive, a buy signal with target levels at 16.00 and 16.60 will be overcoming the level of 15.50. We expect a decrease in prices in the near future.

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