$F At Multi-Year Downtrend Resistance - Bulls Target More UpsideFord Motor CompanyBATS:FDEXWireNewsFord Motor Company (NYSE: F) is showing a strong technical breakout after several years of trading inside a broad falling wedge structure. The chart reveals a clear downward-sloping resistance line dating back to 2022, but Ford is trying now to push above it for the first time in almost 3 years. This breakout would signal a potential shift from long-term compression into a new expansion phase, supported by rising volume and renewed investor confidence in the company’s EV and hybrid roadmap. The $11.50–$12.00 level acted as a heavy accumulation zone for quite some time. Buyers consistently defended this zone, forming a strong base that has now flipped into support. Ford is currently testing the resistance. If the price breaks above, closes above and stabilizes above this area, the setup favors a continuation move back toward the $20 and $25 levels, where the next supply pocket sits. A rejection at the current resistance could bring a drop toward $11 support level. Fundamentally, Ford continues navigating the EV transition with a hybrid-first strategy that has started to resonate with consumers. Demand for gas-electric models remains resilient, and Ford’s focus on profitability over volume in the EV segment has stabilized margins. As the company scales battery production and improves pricing efficiency, analysts expect steadier revenue with reduced downside risks. Macro conditions also support a potential upside. Expectations of future rate cuts could boost auto demand in 2025–2026, while easing inflation may strengthen consumer purchasing power. If market sentiment improves, cyclical stocks like Ford could benefit significantly. With a confirmed breakout, strong structural support beneath, and a favorable macro backdrop, Ford’s chart now leans bullish—pending a clean retest of $11.50–$12.00.