Ford Motor Company (F) stock fails to take a cue from better results
By Mark Moneymaster
November 02, 2009 10:18 AM
November 02, 2009 10:18 AM
Symbols: F
Ford Motor Company (NYSE: F) stock unexpected failed to respond positively inspite of much better results in the September quarter, as the Ford (F) stock faded out to $7 in the morning trades.
Ford Motors (F) stock, however, is still looking weak on charts, as the daily candlesticks are still running a shade below the 20 days and 50 days moving average, and is edging lower.
Ford Motors (F) had earlier announced profits on Monday for the quarter ended September, which were better than anaysts' anticipations.
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