Reported 1 day ago
Ford's stock surged on Tuesday, achieving a 7-month high after reporting a 14.2% increase in U.S. sales for the second quarter. The breakout occurred from an ascending triangle pattern, signaling potential continued upward momentum. Investors should observe crucial resistance levels at $11.50, $13, and $13.60, with a notable support level near $10.30 amid concerns over future new car sales due to tariff costs.
Source: YAHOO