FORD
$NKLA Doubling Price TONIGHT? | Bullish BreakoutNikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Speculation on NKLA NASDAQ:NKLA doubling overnight if all goes well with this conference.
Here's Why:
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
THIS IS HUGE!
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors
Do not trade this, I am long on NKLA
DotcomJack
SHLO SupportI haven't changed anything since the last time I published this chart. I just want you to see.... SHLO is NOW creating a support at 1.30 on the daily chart. You can see on the 4H chart the EMA is starting to curve bullish. Right now would be a great time to get in again before the next pump up. This stock in particular moves a lot like auto makers aka Ford (F) which has also been falling the past few days. It still has room to rise though.
Tesla vs. FordFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, Tesla is growing substantially when you compare market cap and share price. However, what most people don't seem to understand is that Ford has higher A) Production output B) Revenue and C) Likely higher enterprise value. Also the invested capital in Ford is 322.61 B. The Enterprise value of Ford is realistically higher . Tesla's realistically closer to a valuation of $125 billion when you look at the 2019 revenue, growth percentage, and expectancy. However this doesn't change the fact that A) The market cap for Tesla is way higher than Ford B) Tesla can now buy Ford if they wanted to C) Ford would have done better as a privately held company. When looking at the log curves for comparing Tesla and Ford, you can see who is obviously growing. At this point, it looks like Tesla annihilated Ford. Obviously alot of this comes down to speculation. Traditional Wall Street that hated Elon Musk is now overvaluing Tesla by at least 25% while dramatically shortening its competitions. Elon is expected to meet production quotas, and they are becoming a trophy in the automotive industry. I'm also bullish for sure.
Bullish Bat if Happens - Future Investment**1ST THING I CAN'T PROPERLY ALIGN THE FIBS, PRICE POINTS WILL DIFFER THOUGH IDEA REMAINS SAME.
Now based on Fibs as per my drawing & Bat Pattern:-
X2A fR gives B= 0.50 & D @ 0.886 = $3.07
B2C fR gives D @ 1.618 = $3.08
So go long at $3.07 based on trading though I dont trade weekly or monthly due to amount of drawdown if things go wrong..
But if we clone the dark blue AB = CD (where CD dark blue is only part of the bigger CD leg og BAT) :
Price should fall upto (CD dark blue ) = $0.90
B2A dark blue fR gives 1.414 = $1.23
Between $0.90 & $1.23 are the areas where there has been S+R in 1974 & 1984.
Basically it serves the pupose of investment but if the 2nd scenario happens then trading as its then penny stocks arena.
Ford (F) tiene un soporte claveFord ha sido una de las compañías más golpeadas en el sector automovilístico de las que integran el S&P.
Pero curiosamente no podemos quitar el ojo a esta majestuosa maravilla de 100 años o más.
Vigilándola de cerca, se pudo comprar en plena pandemia por 4$ aproximadamente y con miras a que alcance su punto neutral que estaría alrededor de 8$ a 10$.
Es una empresa que está lejos de quebrar y más porque se presta para cualquier cosa e incluso fabricó tanques en la Segunda Guerra Mundial y ahora hasta ventiladores respiradores para la pandemia.
Is Ford Ready to Go Vroom after This Speed Bump? 🏎️ | FORD ($F)🚗 This run had a slow acceleration, but it looks like Ford has finally popped into gear and is off to the races. After seeing some recent lows people (including the COO) seem to be buying Ford back up. Plus, Ford is in the headlines with their new cop car that kills Corona (its a thing, check out the link below). Mostly though, Ford looks like it is finally breaking its downtrend and we are looking for a long play to ride the wave.
Resource: www.businessinsider.com + investorplace.com + www.barrons.com
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1. Fractal Trend is showing an uptrend (Aqua colored bars) on the 1-hour timeframe. This is the first notable breakout since the COVID crash and it is correlating with other beaten down stocks. Overall this is a good sign.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua colored lines) and/or bullish S/R levels plotted by Directional Bias (Aqua colored lines).
3. The goal here is to take a long position at the S1 bullish orderblock. This level also generally would represent Ford roughly retesting some previous highs before moving up.
4. Our stop loss is placed just below S1, with the logic being that S1 will hold as it acted as a clear major price pivot point.
5. Our target is the R2 bearish orderblock cluster and gap formed back in March. We will be looking to play future longs assuming the uptrend continues but for now we are only looking to play from one level to the other.
6. If S1 doesn't hold, then S2 offers another support level and a chance for the bulls to maintain an uptrend. Below that we breach the trend line and risk a longer drawn-out bottom if not more downside.
Vroom vroom, let's make some money bulls!
FORD Analysis NYSE:F have recently broken above the red rectangle area , If it closes above the green rectangle area (Considerably Above 6.3 ) in an upcoming day with bullish strength , it would be likely to continue up to the blue coloured area around the 8 and the thick black resistance .
I think as long as it doesn't close considerably above the green rectangle area (Above the 6.3) it wouldn't be wise to buy .
Here's the weekly chart for the bigger picture :
Next Ford Target: $5.85 Short given Presidential Plant VisitFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, given the recent resurgence curve, and the news surrounding Trump's Henry Ford plant visit, a very decent and reasonable post-memorial day price target for Ford is $5.85. I am not going to call a breakout or anything like that, as I think there are higher growth potential stocks out there, but Ford could start having a stable growth positive correlation and go from the mid risk range to low risk if the positive shorts continue.
Built Ford Tough. (F)Today I would like to cover Ford motor company.
Support and Resistance is represented in green and red levels.
We have had a nice rebound off an upward support level that has fired green consistently.
We want to use 5.70 as a key Resistance level to play as an edge for a long or a short.
If we failed to breach up here we could see an at least 10% correction off Resistance for another shot at support.
We have higher lows in an ascending wedge formation. (Bullish Pattern)
*Patterns can switch up and not always mean a guaranteed bull or bear move.
The main purpose of the pattern is to help us identify the key breakout areas.
I will play 5.70 with aggression on a 1% -2% flips long and shorts on this edge.
Beautiful clean chart setup.
OPENING: FORD SEPTEMBER/JUNE 3/5.5 LONG CALL DIAGONAL... for a 2.27/contract credit.
Metrics:
Max Profit on Setup: .23 ($23)/contract
Max Loss on Setup: 2.27 ($227)/contract
Break Even on Setup: 5.27 versus 5.41 spot
Debit Paid to Spread Width Ratio: 90.8%
Notes: Re-upping with a small engagement trade in Ford while I wait on June mopex trades. Here, the debit paid to spread width ratio kind of stinks, so my intent is to roll the short call out on extrinsic approaching worthless to reduce cost basis in the diagonal and increase max profit potential further.
FORD ($F): Press "F" For Ford?✨ Drop a comment asking for an update, we do NEW setups every day! ✨
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Ford is gradually restarting as America gets back to work, we even have another stimulus in the works that could generally help business. Still, this chart is giving us a nice short setup given the recent bearish trend and consolidating price action. All it will take is a bit of bad news, for example workers coming back to work and getting sick (just look at the issues the meat packing industry has been having), to send us back down to the bottom of the pennant. So let's look at a short setup.
Resource: www.cnn.com + www.forbes.com
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1. Fractal Trend has been showing a downtrend (Maroon bar color) on the 1 hour timeframe as Ford consolidates after the COVID crash.
2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon line color) and/or bearish S/R levels plotted by Directional Bias (Maroon line color).
3. Right now we are looking for a short entry off of R1 with a target of S1. Not only do we have orderblock and S/R levels to target, we also have the top and bottom trendiness of the large pennant that has been forming.
4. We will exit the position if our stop loss is hit or if Fractal Trend changes color, otherwise we will be looking for a test of S1 to close our position in profit.
Good luck family!
GM Motors Lets Pretend for a second. we are gonna merge the two largest wealth generators in the world together. the Foreign Exchange and The Stock Exchange.
The executive Branch has been putting pressure on the Federal Reserave for quite some time to throw in negative interest rates. This will weaken the dollar, as to currency traders such as myself, this signifies a very weak economic market in that country. what this also does is casue the central banks to charge customers such as JP Morgan, Bank of America, AKA Merrill Lynch, Wells Fargo to hold money in their reserves. Now we as investors and traders know that business DO NOT pay fees out of pocket, they pass it down to their customers... Us the normal people. So, now were getting charged to store money in their reserves. So, What do we do as consumers? well instead of losing money to something that will not benefit us we pull our money out and either purposefully spend it or accidently spend it. Either way it gets liquidated back into the economy. and what do the other banks do? Give out loans more freely. this is becasue a fee is a 100% guarenteed loss, however, if we loan out to a failing business we have XXX % chance of getting our money back. Now, 1.00 % chance is better than 0.00% chance.
So next, the first quater was rough for many companies but it was still better than what Q2 is going to be. Q2 has almost 2.5 months of no income revenue for many business as to where Q1 had two months of earning power, then the economic shut down. so when the earnings come out or the company publishes their 10Q Report Investors are going to sell.
All of that to say we have a Dirty Bullish Alternate Bat pattern on GM and the same is similar for Ford (F). 10Q comes out shares drop into the PRZ and we get a good bounce with the Q3 reports come out to show growth.
#RISKFREEORBUST
NYSE:GM