$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
1F trade ideas
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.
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 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.