I don't think consumers are going to buy Fiat cars with chrysler logos. Not going to happen. And GM could be in bankruptcy for sometime.
So with just one major us auto manufacturer standing (Ford), this stock should be rising. Let's hope we test the $7 to $9 range in the next month or two. Ford stock does not need or should drop below 6 bucks.
Does anyone have some educated opinions on how Ford will perform today? Still wanting 2 know how U determine buying pressure & any other pressures or resistances 1 must look at 1st. Along with which tools R best 2 use 4 making a determination.