29.01.2015 - The price of Ford Motors has broken through the lower boundary of the triangle

The stock price of the company Ford Motors after a long consolidation within the triangle, has broken through its lower boundary and is currently trying to break through the level of local minimum, which will be the signal for the continuation of the descending price movement with the target at 13.25. Growth is limited by the resistance level near 15.00. We maintain our medium-term negative outlook, but recommend to wait for a confirmation of the signal for the opening short positions.

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