Ford. Boomer stock. Will it fly?Hi everyone,
Today we are analyzing ancient automotive company manufacturer NYSE:F Ford Motors .
Can this stock still outperform young tech companies?
Let's find out.
Tools used:
Long-term trend lines
Boxes
10 year Fib retracement
1 year Fib retracement
Trend:
NYSE:F is in a strong uptrend channel since Covid crash. It has gained 4x from the bottom. Very imressive for a boomer.
Recent developments:
Price broke long-term resistance line this week. This resistance level goes back 10 years to 2011.
Massive breakout occured on positive news. However, price did not dip back below the resistance. The level was tested and price consolidated.
NYSE:F stock seems very strong here.
Levels :
18.89 - long-term Fib resistance level
17.58 - last rejection
16.46-16.89 - strong demand zone at support
15.72 - long-term Fib support level
13.67 - short-term Fib support level
Interesting to see NYSE:F stock showing strenght and going to 7 year highs.
If the company will be successfull with their EV program, I expect stock price to grow in the future.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
FORD
Ford won't be seeing the lightning TSLA has this year.I love Ford and have the F150 reserved since the first day.
I like the stock at 12.50-13.50 to accumulate.
We'll see in tomorrows earnings if the dividend returns.
I'm not sure how they will do on earnings, but the market as a whole does not look supportive going into November.
Still. I'm going to hold.
I could get another chance to pick up more F under $13.
F pullback initiatedentered F 15.50p 11/12 @0.28
~We bounced off a double top
~RSI divergence like the pullback in June
~We are also seeing a similar pattern back to back
✅ Phase 1: a downtrend
✅ Phase 2 an steep upside down cup
✅ Phase 3: a nice strong uptrend impulsive move.
Using fib and zones I have PT at 15.50, 15.13, 14.60. We could see a pullback to 13.43 as well, but I probs wont hold that long. 14.60 is my last take profit, as it is the 0.5 fib line
TSLA - PUTS - OPTIONSAll,
First off I like TSLA, Elon etc. They had an absolute monster run, but what goes up most come down (some). I think we see 760s or 750s retest. Adding PUTS once it fails up here and volume dies off. Also some semi not great news recently. Once again TA and bull run coming to an end I think.
possible low risk trade on FORDThis is just a low risk trade for me cause Ford runs last month's very well (picture) and the worldwide lack of chips is hitting the whole car sector.
Not sure what's the long run for this. But I like the technical setup in my trading timeframe (1D) so far.
After a increase in volume and price, we see a 1:2.4 consolidation. I like to see that there is buying interest after closing the gap up (1) around the golden pocket, accompanied by some volume (2). So it means to me the level should hold. Positive earnings should be always a nice catalyst. Also Ford hits the SMA20 in the weekly (picture).
I think i consider a trade if the gap up level breaks again with volume, and my stop would be half ATR under the 13.62$ resistance. I dont want to see a pullback to the 61 fib again.
13.62-0.25 (half ATR)= 13.37 .. should be an epic stop :/
Sry 4 bad english and some mistakes, just a tradingbeginner from germany
have nice weekend
Ford climbing down. FFord Motor Company, had a nice upswing over the last number of months, and we it looks like we tipped not to long ago. It seems to be just at the beginning of the drop on this one, and there is plenty of time to climb down. Anyway, venture at your own risk.
Fibonacci goals are in green, reversal or invalidation is in red. This post is not financial advice, make your own financial advice or pay a certified professional ( you are to statistically faire better at blindly longing SnP500 incase of the latter). Playing on the market whether you are an investor or a trader is risky. No good thing is ever without. Good luck out there.
F headed to $17.65 to test monthly resistance going back to GFCFord been making good technical progress and recently broke out on the daily. Monthly here looks like it's set to test $17.65 which has been a resistance level going back to the global financial crisis.
Rivian IPO in should be coming up in a few weeks and F has been a meaningful investor there. At $80B valuation expected for Rivian and 0 vehicles delivered yet, Ford should get a nice bump at its ~$56B mkt cap.
Multi time frame analysis for FordMulti-Timeframe Analysis:
Hourly Chart: Getting out of a trendless (sideways) phase after 5 weeks. Bullish
Daily Chart: Getting out of a downward channel. Bullish
Weekly Chart: Price reacted to the trend line and bounce back. Bullish
Monthly Chart: first sign of recovery after 3 months of correction
Daily average trading value
Conclusion: In the price pattern we have shreds of evidence that Ford's correction is finished but Volume and Price volume do not support this idea and make it likely to be a Bull trap followed by whipsaw..!
I would rather wait and see if volume supports this breakout!
What Is a Bull Trap?
A bull trap denotes a reversal that forces market participants on the wrong side of price action to exit positions with unexpected losses.
Bull traps occur when buyers fail to support a rally above a breakout level.
Traders and investors can lower the frequency of bull traps by seeking confirmation following a breakout through technical indicators and/or pattern divergences.
What Is Whipsaw?
Whipsaw describes the movement of stocks in a volatile market when a stock price will suddenly switches direction.
There is no set rule as to how to manage whipsaw movements in a volatile market as it is an unexpected movement.
Whipsaw in trading securities often results in trading losses.
Day traders expect whipsaw movements and often assume long-term, buy and hold positions to ride out the fluctuations in price to avoid a loss.
Educational Articles:
www.investopedia.com
www.investopedia.com
9/19/21 FFord Motor Company (F)
Sector: Consumer Durables (Motor Vehicles)
Current Price: $13.55
Breakout price trigger: $13.35 (hold above)
Buy Zone (Top/Bottom Range): $13.50-$12.40
Price Target: $18.00-$18.20
Estimated Duration to Target: 196-238d
Contract of Interest: $F 3/18/22 18c, $F 1/20/23 20c
Trade price as of publish date: $0.35/ cnt , $0.82/ cnt
F (Daily) Fake out !? Elliott wave analysisOn daily chart as we can see we completed 5 wave quite clear count so next expected wave is correction.
Current wave pattern quite hard to recognize, and now it break counter trend line , But I don't think new up trend start yet, there are 3 reason
1 market is so bearish
2 price doesn't like started wave c
3 price doesn't go below wave 4
If that break is start of new up trend price NEED to BREAK 16.5 to confirm ext wave
Else if that is fake out wave b bull trap price can break 12.5 and drop to 10
F Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Ford ready to take off againDividend announcement expected is my guess.
This "tax the rich" trend is going to push money into dividend stocks.
In the spring Ford ran 43% during which CEO announced dividend would return in the fall.
It's fall.
Not a financial advisor. Not that there is anything wrong with that. Not financial advice.