Ford at an Inflection Point

Mar. 7.11 | About: Ford Motor (F)

After surging 1,391% from its 2008 low to its 2010 high, bull market darling Ford (NYSE:F) has pulled back 25%. As shown in the chart below, the stock is currently resting just above its 200-day moving average, which also represents the bottom of its long-term uptrend channel. Either the 200-day will hold and the stock will be a screaming buy, or the 200-day will break and the uptrend will be finished. Needless to say, Ford shareholders are watching the stock closely at this level.

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