Tuesday, May 24, 2011

Ford (F) turns down 5/24/11

I see that a down signal was generated end-of-day on Ford stock. When I look at the chart, it has been looking weak for a few days. It is right at the 200 day exp moving average (black line); but below the 50 day ema..
If you are a die hard Ford investor, you can place a sell stop below the previous low of 14.49. Or you can get out now and wait for the Up signal later, whenever that happens...

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