After surging 1,391% from its 2008 low to its 2010 high, bull market darling Ford (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.
(Click to enlarge)
