Ford Appears Bullish On Back of New Mustang ReleaseI opened a call position at the close.
Momentum and MACD seeing a bullish cross.
***Not trading advice. My opinion only***
NYSE:F
FORD
Ford is showing huge upside potentialIt seems like Ford has bottomed for now and is making a bulling flag on the weekly time frame. I am anticipating on a move up to the resistance of the bullish flag, at least.
FORD - DAILY CHARTHi, today we are going to talk about Ford and its current landscape.
Ford makes a big step in the electric car market by debuting its new electric Mustang SUV, the company reinventing one of its classics muscle cars to defy Tesla dominance on the sector. The unveiling of this new Mustang "coincidentally" launches at the same period that the debut of the movie Ford v Ferrari on theaters that anachronistically celebrates the entrepreneur's spirit of Ford in its effort always to innovate and surpass benchmarks competitors, back then represented by Ferrari and now Tesla.
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Ford -Inverted H&S in play?It is still to be seen if larger structure in Ford will play out:
At the same time on smaller timeframe, NYSE:F may be in process of forming inverted H&S.
Yesterday's gap down on credit downgrade was bought rather nicely, and while sentiment on company still remains negative, it may actually push the price much higher.
In H&S trade, I would be looking to cross 9.65 with target @ ~10.5 (previous local high)
Ford - time to buy?Contrarian buy in NYSE:F looks relatively attractive. We continue to see some very nice MACD divergence on daily and price has already retraced by 50% of the move up in early 2019. Today's bullish engulfing candle (if formed) might indicate first sign that the bottom is in.
Trade is to buy at current levels, with stop at around 7.4$ and target of around 11.5-12$. Stop is likely to be moved higher, if more evidence is received that the bottom is in.
my ford target is -$16BRUH. THIS STONK AIN'T IT CHIEF. BUY TESLA AND BITCOIN IF YOU ACTUALLY WANNA MAKE MONEY. YOU MIGHT ASWEL SHORT THIS CRAP IM SORRY FORD BULLS.
OK DOOD FOLLOW ME FOR MORE GREAT TECHNICAL ANALYSIS. YOU WON'T REGRET IT M9.
F Long Term Downward TrendTrend analysis showing a long term declining trend for Ford over the last 5-6 years with proven resistance. Potential loss of 12-15% over the next month as Ford stock consolidates. This downward trend is fueled by weak earnings and a slowing market. Suggested purchase of Put Option @ $9 with expiry date of 08/30/19.
Same pattern four times. #FIt's nearly identical. Interestingly, the first on the left has a large sell spike. The one of the far right a large buy spike. 3 pops then a dip repeat throughout. The trend lines may not be exact, but you can see the 200 bumping the trend line on the right like the previous identical pattern.
After each 3 top pop, there is a cascading effect that sends the stock over the 100 and 200ema. The large buy spike is over 4million. This one could go either way. If I were to guess, it will roll over and break the 200 and trend line, setting up similar pattern for a possible short.
FORD MOTOR CO - NYSE: $F Ready To Break Higher?After gapping higher in late April on meaningful volume, the shares of FORD MOTOR CO - NYSE:F have been consolidating and in the process, building-out its right side as is evidenced in the Daily chart above.
In addition, we can also observe that F presently trades above all of its important moving averages 20/50/200 DMA's, which portrays a healthy technical picture.
However, and perhaps most importantly, F is now rapidly approaching a potential key inflection point and may just be gearing-up for a move into higher ground.
Thus, both investors/traders may want to continue to monitor the action closely in the days ahead for if F can go topside of the $10.55 figure and 'stick', we may just witness a rapid move into the $12 - $12.50 zone moving forward.
Therefore, you may want to put the shares of F front-and-center on your radars as the stock is presently knocking on the door seeking further potential upside.
FORD sell signalsFORD, Daily chart: Mirror level + Side of Bollinger bands (20,2) + Bearish Engulfing candles pattern
lol imagine shorting tesla right nowSelf-driving cars, making money off a taxi fleet... bro. Ideal long would start at ~174.
Ford back to 9.85ish? Downtend? FThe 3 month look doesn't look very promising either.
Perhaps the layoffs hurting. News about lower than expected earnings
for Q2. It's interesting that such a popular brand seems to be struggling
in the Auto-World. A result of not merging like the others?
In the 3-month view it seems to be turning down also. Lots of gaps.
The correction for the last gap resulted in a new lower-high.
Any Pro-Insights?
Watch NioNio almost looking like reversal here but could also be a trap.
it usually runs with Tesla sometimes, and also china deal talk.
Recently we got a downgrade on tesla so that might make tomorrow the last green day b4 it drops, unless some crazy news come out to carry it.
May enter a long position next week if we become bullish again.
There were some odd call activities the last few days thou.
i am temped to get a small call position to swing over the weekend.
Long to $320position enter $196, sl 177 - 2020 democratic presidential candidates lead by Bernie Sanders and call for Green New Deal will stage a new rally.
Trump and the old coal & petro dinosaurs will be extinct soon. China/ Trade Tariffs will resolve before Thanksgiving 2019
Trading long positions on $FResistance ~ $12
Support:
Uptrend Channel
EMA 20&50 Lines
Enter ~ $9.7 - $9.8
TP ~ $12
Stop Loss ~ $9.2
GL!
General Electric price action comparison to Ford Motors I'm just showing you the similar pattern to Ford when I mentioned the buy on it. GE is pretty cheap.
