Ford Motors in the face of continuously Rising Debts and Negative Free Cash Flows has been rejected from the 61.8% Fibonacci retrace, which previously acted as support and now seems likely to continue down significantly. If I were to target how low I think it could go, I'd say $8.65-$6.00 seem like likely targets.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.