Ford Headed for a Double-TopFord recently exited a triangle at the top, and its 2x measured target lines up exactly with its previously weekly high.
It could move slightly lower than that high instead, stopping at the bottom of the blue box at its 1.5x measured target.
Long until it reaches its 1.5 or 2x measured move, then short.
FORD
Ford Motor Company (F) - Multi Pattern AnalysisCompany: Ford Motor Company
Ticker: F
Exchange: NYSE
Sector: Consumer Discretionary
Introduction:
Today's technical analysis takes a look at Ford Motor Company (F), a prominent player in the Consumer Discretionary sector, listed on the NYSE. A complex formation is unfolding on the weekly chart where a long-term Head and Shoulders pattern encounters a shorter-term Descending Triangle. This unusual setup, featuring a recent breakaway gap, may suggest a bullish trend reversal.
Head and Shoulders & Descending Triangle Pattern:
A Head and Shoulders pattern typically signals a trend reversal from bullish to bearish, while a Descending Triangle is usually seen as a bearish continuation pattern. However, in this unique scenario, the right shoulder of the Head and Shoulders pattern, which is longer than the left, has morphed into a Descending Triangle, creating a complex setup.
Analysis:
Ford's chart shows a clear Head and Shoulders pattern, with the Descending Triangle making up the right shoulder. The triangle has five touch points on the upper boundary and three on the lower. The support of the descending triangle coincides with the support of the head and shoulders.
We've noticed a breakaway gap which indicates a bullish breakout from the descending triangle. Currently, the price appears to be attempting a break above the 200 EMA. If we witness a weekly candlestick close above the 200 EMA, we could interpret this as a transition into a bullish environment, presenting a potential long position entry.
The price target is set at $18.65, representing an approximately 49% rise from the breakout level. Notably, a minor resistance might be encountered at $16.69. A breakout above this level could also signify a failure of the Head and Shoulders pattern, warranting a recalculation of the price target.
Conclusion:
Ford's weekly chart offers an intriguing setup for classical price pattern traders. The unusual combination of a Head and Shoulders pattern and a Descending Triangle, alongside a recent breakaway gap, might indicate a potential bullish reversal.
This analysis should form part of a comprehensive market research and risk management strategy. Please remember, this is not financial advice, and investing always involves risk.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading!
Best regards,
Karim Subhieh
F Surprised on Earnings Ready for Rising PriceFORD ( F) significantly surprised on earnings no matter that a recession may be underway and
no matter its balance sheet is saddled with debt which is increasingly more expensive to
services. Pre-orders for the Lightning F -150 are strong. On the 2H chart, price has yet to
react to the earnings surprise. Volume has picked up but nothing dramatic. The zero-lag
MACD lines have crossed under the histogram and are now crossing over the zero line.
Price in a sign of strength rose out of its Fibonacci band channel and is just below the
anchored mean VWAP while at the uppermost portion of the high volume area of the volume
profile. I see this as a good place to take a long position targettting $ 12.80 to 13.00
with a stop loss at $ 11.80 below the POC line of the volume profile.
TSLA vs Ford - Market Cap Shifts may reflect Investor SentimentOn this weekly chart I have set up the running ratio of shares of TSLA to shares of Ford over
a time span dating back to pre-covid times. Added to the chart are a set of EMAs as well
as zero-lag MACD and Directional Index indicators. TLSA dominated early and the ratio steadily
increased. Given a choice between TSLA and F the longterm investor would buy the former.
However, at the beginning of 2021, things changed as can be seen on the chart and the
indicators. At this point, the ratio is over and under the weekly EMA200 and trending down.
Now an investor might liquidate the TSLA shares and buy Ford instead. Hard to say what the
the longer-term picture might be. TSLA is selling a hypergrowth narrative that may not come
to fruition. Ford is slowly steadily hanging in there with its broad product line including the
F-150 both Classic and Lightning. Time will tell........ So is it TSLA long or short ?
Ford dips below $11 continues to attract buyers.Ford - 30d expiry - We look to Buy at 11.15 (stop at 10.55)
Levels below 11 continue to attract buyers.
11 continues to hold back the bears.
We look to buy dips.
With signals for sentiment at oversold extremes, the dip could not be extended.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 12.77 and 13.07
Resistance: 11.95 / 12.50 / 13.15
Support: 11.44 / 11.00 / 10.61
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GM General Motors Pre Earnings LONGGM is on a 4H chart. Fundamentally, the last earnings were good. GM is challenged by the adoption
of electric vehicles and the transformation of its core business. Small EV companies ( CANOO, RIDE, WKHS, FFIE, MULN)
are mainly undercapitalized noise. The competition is really TSLA and Ford. Earnings upcoming are April 25th
Technically, the price has been trending also a support of the lower standard deviations of the anchored VWAP originating
on the date of the last earnings. Recently price has moved from -2 STD VWAP band to the higher -1 STD band.
Price is now sitting on the support shown by the Luxalgo indicator with the earnings report due The VWAP bands
are quickly losing slope as earnings report day of April 25 approaches. the zero lag MACD has lines crossing under the
zero line and the histogram has just turned positive. These serve as confirmation entry signals.
I see this as entry time for an earnings play. Entry is by market order with a stop loss below the demand zone.
Targets are VWAP ( purple line), the midline between the demand/supply zones, and then the final target is the +1 STD above
VWAP ( downsloping stepped black line). Overall a reward for the risk of about 4X. I may opt to play this with call options
striking $35.00 expiring on 5/5 and currently priced at FWB:112 per contract.
NYSE: F (FORD) - HARMONIC GARTLEY - LIMIT BUY - ATR SLHarmonic gartley completed a few days ago and was identified today. The systems criteria is still being respected so an entry was taken at the price that would originally have hit the buy limit a few days ago using the same SL that the original harmonic setup rules call for. Lets see if it plays out
Ford to try for $14.50 breakout End of AprilI've been watching Ford since July of 21 where I made the call that it would climb to $20 by January of '22.
Looking at this chart again, and just being bullish on Ford anyway, it's set to run back up to $14.50 by the beginning of May, and may even try to spike higher.
With their advancements in EV and continually staying on top of the market, I believe that we'll see this stock climb once again.
I placed an order for a Buy to open 1 F 5/5/2023 13.00 C @ Market, Day
Will Ford selloff stall at swing lows?Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55)
Levels below 11 continue to attract buyers.
11 continues to hold back the bears.
We look to buy dips.
With signals for sentiment at oversold extremes, the dip could not be extended.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 12.77 and 13.07
Resistance: 11.95 / 12.50 / 13.15
Support: 11.35 / 11.00 / 10.61
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
F Ford Motor Options Ahead of EarningsFord follows Tesla’s example and cuts price on Mustang Mach-E from as little as $600 to as large as $6,000. Most notable are the cuts to the Premium eAWD Standard range model, which takes it to $53,999 from $57,676.
Looking at the F Ford Motor options chain ahead of earnings , I would buy the $13.5 strike price Calls with
2023-2-3 expiration date for about
$0.21 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
$F: Bullish trendI'm not particularly fond of $F's CEO as of late, but he is the one doing a less worse job when it comes from transitioning from ICE to EV among legacy firms, so I give Jim that. Setup here is good and there is a gigantic YEARLY scale uptrend signal in the stock, so as long as it holds over yearly support, it could catapult the stock WAY up over time. Setup here is decent, and offers a nice swing trade op for us.
Best of luck!
Cheers,
Ivan Labrie.
Ford levels below 11 continue to attract.Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55)
Levels below 11 continue to attract buyers.
A lower correction is expected.
We look to buy dips.
We are trading at oversold extremes.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 12.77 and 13.07
Resistance: 13.50 / 14.00 / 14.60
Support: 12.50 / 12.00 / 11.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.