Ford at Multi-Year Lows | Bears Seem to be Exhausted
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Ford stock price is relatively cheap, trading levels it once traded five years ago. Since the stock price is cheap, I would just place my stop at $8.40, looking for price to hike up somewhere over $13, $15 and $17. I would simply move my TP's as it goes up.
Note
Feb 12: Ford says demand for the Lincoln Navigator and Ford Expedition is so strong that it now expects to make 25 percent more of them than initially planned.
Trade closed manually
Closed on May 21. Price started to show a little shift.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.