FMC1 trade ideas
$F Ford Gap Fill Trade Setup
Strong break above the Fibonacci Golden Pocket @ $7.61.
Potential Gap fill now on the horizon with $8.48 & $9.08 as the
key levels.
Huge momentum in the sector as a complete new base of investors
take interest in this once forgotten stock.
COVID may have hindered production temporarily but it
has ensured a boost to demand.
Ford likes to run with tech stocks$F
reduced my target to $20ish since we grabbed demand lower & Tesla is the king of the EV market. But the similarities are very interesting w the late 90s run.
Another interesting note is that Ford and General Electric both ran with tech stocks in the late 90s to yr 2000
Ford - Weekly long term We can see a sharp move upward after creating a low low RSI.
The low RSI can be promising in the long term. This might be the lowest price that we will see in the next few years. However, we need to see the next correction. If we see a double bottom in the next year or so, Ford will be bullish for the next few years.
Possible Ford motor company tradeI'm a fairly new investor, I've been doing pretty much only small day trades. Im looking to get into more short term stocks or swing trades so I don't have to monitor my positions constantly. This is my first crack at making charts and really digging into analyzing them so a any input would be much appreciated. I read today that Ford Motor Company reported gains in china for I believe the second or third quarter in a row. It looks like for the most part its trading above the MA 50 line which I believe would indicate its a fairly strong stock to trade, and it seems like after today its dipping towards the MA50 line and depending on the open price on Monday it could b a good stock to buy and hopefully make a profit by the end of that week. Thanks again for any advice.
Ford - multiple cup & handle in a rising wedgeCup of tea anyone? Ford seems to be drinking a lot just now, with multiple bullish cup & handle set ups but no successful breakouts.
$7 - 7.5/shr is providing really strong resistance but the stock is coming to the pointy-end of a rising wedge that might provide a break-through.
Waiting on a material break of $7.50 before going long.
Engulfing candle at resistance. Use Ford as hedgeThe market is undoubtedly in a raging up trend, therefore, I usually have many long positions open. Sometimes I will short weak stocks to protect my long exposure. NYSE:F seems like an ideal candidate here after that engulfing candle at resistance. Try to get a good risk to reward entry. Stop loss above $7.45, target near $7.10.
Ford Chart looking good. I got burned once already with Ford on an option play. But with recent changes within the company new Ceo and several changes of focus by the company to Electric this seems like a good bullish turnaround. Chart looks like its forming a possible base for a cup with handle. Any feedback is appreciated.
$F in chatFord chart is pretty, and the company has made some big moves that should lead to futures success.
- New Bronco
- New CEO
- Underprice IMO
Long term slow grind up most likely. Im playing this as a long term hold may become a dividend bag holder.
Historical resistance needs to break but I think accumulating at these prices is easy picking.
Could easily see $9 IMO, might consider selling if we see $12