Ford Motor Company (F)

Japanese automakers have made investors worried. Lots of traders looking at Ford for now.

Watch the relative momentum chart closely. RMI indicator red shows underperformance vs SPX.

Ford is testing its 200DMA. Will the bulls try to bounce it up to its 50DMA?

For more information on how we evaluate stocks, check out Seven Steps to Better Stock Trading, Part 1 and the video in Part 2.