ARTICLE SYNOPSIS...After staging a powerful rally from its bear market lows, shares of Ford Motor Co. (F) have been correcting on declining volume. A distinctly bullish price pattern is now evident on the chart, one worth a second look.
ARTICLE SYNOPSIS...Bullish wedges are corrections in an upmove. Often the price of a stock in such a correction will retrace to a major support level. From there a resumption of the uptrend may be expected. Ford has made one such bullish wedge, correcting to major support