Ford Motor Co (NYSE:F) was trading slightly lower on Tuesday afternoon after bouncing up off a support zone near the $17 level that the stock has not traded below since Nov. 1.
When the legacy-turned-EV manufacturer printed a fourth-quarter earnings miss on Feb. 3, the stock gapped down 7.83% lower the following trading day and fell another 3.05% intraday to close that session at the $17.96 level. On Tuesday, Ford stock was printing a candlestick pattern that could indicate the downtrend is coming to an end.
