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Ford Motor Co (NYSE:F) shares retreated over 7% by Wednesday afternoon as the stock took aim at a lower gap between $21.88 and $22.42 left behind on Jan. 4 when shares shot up almost 12% higher from the previous day’s closing price. If the stock falls to fill the gap and prints a reversal signal near a support level at $21.69, it could provide a solid entry point for investors waiting to take a long position over 2022 as the legacy automaker continues to ramp up its electric vehicle production.
...read full article on Benzinga
