$F TOP 20
Added 2023-10-15 18:18:02 +0000 UTCI said mid week that the longer this strike continues, the more it damages the share price and it is starting to slip now as the heat gets turned up, I believe UAW are starting to be more aggressive and have started downing tools.
The yellow trend line is an important level to now at $11.50, below this price and it really is at risk of dropping to the blue line at $10.60 or going into the Buy Zone, which extends down to $7.
$GM is also closely linked to $F and is in a worse situation in my opinion.
So let's see how $F manages this trend line, if it can not hold this line, you must strongly consider your position here, the industrial action will certainly damage the share price further.
Comments
$F has survived just about every economic and political situation over the last 120 years.....it is incredibly resilient
Gareth Neary
2023-10-15 18:24:21 +0000 UTCI like the top 20 list, but Ford is one I won't consider. They're struggling to adapt to EV's.
Lyndon Richards
2023-10-15 18:21:30 +0000 UTC
