Re: F (Ford motor) Tonight GM reported sales up and Ford & Toyota posted a drop. Auto sales overall were flat compared to last August but better than the 12 percent decline the industry saw this July. The industry has been hit by economic uncertainty. High gasoline prices and declining home values have also caused people to delay auto purchases.
The chart today looked like might be coming out of the bottom. white candle held above the 10ma. closed at 20 ma resistance at $8. sto and MACD look good. Need volume. See what happens tomorrow. |