Friday, May 4, 2012

Ford 1000 day moving average

Ford has been trading between the 500 day and 1000 day moving averages. Last October it bounced off the 1000 sma. $9.75 is where the 1000 sma is at now. The 1000 sma is the same as the 200 sma on a weekly chart. That should be support again.