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Ford Motor Co Set to Possibly Pullback After Yesterday's Rally of 2.61%

By Shiri Gupta

Ford Motor Co (NYSE:F) traded in a range yesterday that spanned from a low of $8.73 to a high of $8.87. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $8.66 on volume of 13.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Ford Motor Co and will alert subscribers who have F in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Ford Motor Co have traded between a low of $7.41 and a high of $10.56 and are now at $8.85, which is 19% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

Keywords: rebounders ford motor co

Ticker(s): F