RE: Ford Equity Research - Technicals? If Ford Research is basing their 'strong sell' on the technicals.....they're simply BAD chart readers. As far as moving averages go, we've blown through the 50 and 200 SMA. We've violated a downtrend line connecting the highs beginning Sep 2011. We formed a bull flag over the last few sessions, breaking out of it today. Right now we're butting up against a longer term downtrend line that began with the highs of early April 2011 - a clear break and close above $6.25 will reduce that one. About the only negative I can see, if you wanna call it that: some of the oscillators are in overbought territory.....but that comes with share price appreciation (LOL).
Ford Equity Research??? 2nd raters....the lot of em.