F Ford is looking at a possible resumption of upside after the stock broke above the downward sloping line of the descending triangle. Furthermore, the stock has 1.) Clear closure above the bearish gap with strong bearish candle 2.) Inverted head and shoulder is in the picture. Ichimoku is showing early signs of a bullish reversal.
Long-term MACD is showing positive histogram and a crossover at the bottom.
Stochastic Oscillator has confirmed the Oversold crossover. 23-period ROC crosses above the zero line and has formed a bullish divergence.
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