the big drop???Ford has been in correction since april.......Ive been watching it since march.....I'm thinking that the primary trend will continue(which is down)..downtrend is gaining traction on macd..cloud indicating a reversal
F trade ideas
Ford is Trucking Up Technical analysis indicates Ford is in a nice uptrend channel. Next price level is above $8.00.
Monday or Tuesday pullback will be a good entry time.
Ford Motor Corp falls into a "NoGo" trend on heavy volume.Ford has slipped into a "NoGo" trend after battling to stay in a "Go" trend for a few months.
This price correction has also pushed the oscillator into negative territory, breaking through the zero line on heavier than average volume (depicted by the GoNoGo Oscillator's darker blue color)
We will be looking for a retest of zero from below, and if it fails again the GoNoGo Chart will show a low risk entry (red circle) into the "NoGo" trend.
Strong resistance breakout this week #ascendingtriangleStoploss: 6.87
Stoplimit: 7.99
Risk/ reward ratio: 0.454
Ford seems like a steady boat. Still new to trading, but my recent option on ford expired worthless and it seems like it doesnt go up much and goes down to 6.50. Recent news has it that they are expanding there production facility. bot sure if it was in Michigan or another state but they are expanding it for there electric version of the F150. Might get an option depending on what it does the next few days.
$F ; about to break out of the wedge, target $9 by novemberGranted...all if the market doesnt collapse again as SPY is the on the struggle bus...but i have faith
F Triangle Pattern FormingFord consolidating into a symmetrical triangle. Looks really good for a possible pop. Could break up or down. Look for volume to confirm trend.
$F potential options playTesting the extent of my fibbonacci understanding, we'll see what happens with ford. If i don't like how the position looks in relation to the cross, I'll stop considering it until I see a wave 4-5 later
F Daily Chart Symmetrical Triangle and Potential Golden CrossDaily chart consolidating in price. If trend continues we could see a golden cross forming in a few days which could indicate a bullish trend. These trend lines were drawn last night (9/13) and today's trading (9/14) happened to peak at the top trend.
Which gap does Ford want to fill first?ABCD patter in a descent?
Rebound int a consolidation and step up into a descending channel?
Exiting bullish?
Will it fill the gap above or below?
Let's find out!
Head & Shoulders Pattern Forming on FLooking to see if this pattern completes. Initially looking for a short term pullback to the bottom of the shoulder / trendline.
I expect the trendline to hold, however I am prepared for the H&S to complete as well.
F Ford trading at bottom of its channelFord looks like a buy here trading at the bottom of its channel. Ford was a better performing in the past when the gov bailed out the autos. Ford continues to be a leader with its new business model of pre purchasing. Defund the police could cause privately run law enforcement to purchase vehicles also.
Ford is toast!This type of chart pattern should capitulate down to $1 or less. Looks like strong resistance at $8 and above, although it could take a good 6 months before this rolls over.
