Longing Ford even though I think the F-150 sucksFirst, I am a Ram guy. I know multiple people who have bought F-150s and to a person they hate any model since about 2008. Ok, that being out of the way....
No fancy chart here, I'm long $F from $11.90, which was a bad entry because it almost stopped out, but luckily reversed at 11.50 and is looking good now. This is not my usual play with a clear target, this is more of a momentum trade with a trailing stop.
I think if it breaks $12.50 we fly. I missed the real entry sub 10 dollars, but whatever, clear defined stop and if we go up it could be a lot.
Normally I would not post such a low value chart, but I am logging trades here too under the absurd assumption I can get a trading job one day and this will help instead of hurt.
Fordmotorcompany
Ford Motor Company | Needs To Find Base | All Time Highs AfterHello Traders,
My Proprietary Model and historical structures define a strong support level from 5.34-3.67. These levels, once attained, will act as a consolidation zone/launch pad for price. The first hurdle will be the resistance zone defined from 16.22-17.24. Once these levels are broken the TG 1-7 come into play. If price breaks the resistance zone prior to hitting the support level defined on the chart, TG 1-7 come into play in that scenario as well.
Ford close to the trend reversalFord (NYSE:F) formed a falling wedge. It tests the resistance line on a monthly chart. The stocks are confidently recovering, there are signals of a reversal of a long-term downtrend.
Recently it has become known that Ford invests $100 million in a plant in Missouri. The investment is part of more than $11.5 billion that Ford will spend on electric vehicles through 2022.
The company marked it wants to release its most iconic ICE models in electric versions. The popularity of electric cars is growing, especially during the oil crisis.
Best regards EXCAVO
FFord Motor Company (F) showed some strength after a pattern breakout before getting rejected around the 200MA and tumbling back down. With strong support around $5.80, it appears to be surging back upwards to possibly test the 200MA again. However, with the RSI climbing as well, it may repeat itself after filling the gap upwards and getting rejected again.
Ford Bronco SUV to take on FCA's Jeep Bronco's real mission is to boost profits as Ford strives to repay debt taken on to weather the coronavirus slowdown. Last year, Ford said retooling its Wayne, Michigan, assembly plant to build Ranger mid-sized pickup trucks and the Bronco instead of hybrid and compact cars would improve operating earnings by more than $1 billion.
Teaser images from Ford and spy photos from auto magazines have hinted the new Bronco will take styling cues from the first generation of Ford Broncos, built from 1966 to 1977, which were boxy two-door models now considered one of the earliest SUVs. Ford withdrew the Bronco line in 1996 amid falling demand for two-door SUVs.