Ford’s stock price bottomed out in May 2023 followed by a breakout that pumped the price to gain nearly 25% in just one month turning the long-term trend to uptrend.
However, the short-term gain in the Ford stock price triggered a sell-off after the double-top formation at the top of the trend and the gap-down opening added fuel to decline in the price. Thereafter, the price declined nearly 20% wiping out all the gains after the previous breakout.
[link] [comments] https://www.reddit.com/r/stocks/comments/1601cdf/ford_stock_price_forecast_stock_heading_towards/
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