FORD trade ideas
F Bullish Flag after HighPossible NYSE:F LEAPS play.
- High at 16.58 creating a large bullish flag
- Smaller descending bullish flag, 14.44 support bounce
- Another descending bullish flag after 15.69 resistance rejection
If it bounces 14.87, it may be able to fly. If not, possibly bounce off 14.44. If it breaks through that support, it will fall at least to 13.6.
Considerations:
Ford Lighting EV news
Chip Shortage
Production factory shut down
Good first half earnings
F Bullish Flag[s]Possible NYSE:F LEAPS play.
- High at 16.58 creating a large bullish flag
- Smaller descending bullish flag , 14.44 support bounce
- Another descending bullish flag after 15.69 resistance rejection
If it bounces 14.87, it may be able to fly. If not, possibly bounce off 14.44. If it breaks through that support, it will fall at least to 13.6.
Considerations:
Ford Lighting EV news
Chip Shortage
Production factory shut down
Good first half earnings
FordDisclaimer/
On average, 90% of all stocks move down with the market, and 75% - up.
The wave principle applies to some extent to individual stocks, but counting waves for them is often confusing and has little practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses
F | Long SetupWith the new Ford EV's coming around I expect to see more bulls in this stock. I have a buy limit order set at $14.50. On the chart, I marked a few key areas of interest where I would be taking profit/re-evaluating my analysis. I might lower my buy order to a lower price to reduce some risk.
F Downtrend BreakoutOn F, we have bounced off the POC (Point of Control) Monday and found our way out of the downtrend channel.
No gaps left behind to fill which is also a good sign.
We have some support on this run up (green line) which we are following to our target, which is set at 16.00 - heavy volume on the volume profile.
I have yet to see some good volume come out of the breakout so be cautious
Bullish flag on F. Daily chart on Ford shows a potential bullish flag playing out. We could be in the buying point where technically speaking it is the entry point in a bullish flag pattern. Volume is there to support it and the MACD looks to be closing red goin onto green. If this plays out i give Ford a 20 dollar price target. If you didn't hear the news Ford will be providing parts for the U.S postal service vehicles which in turn means income coming in for ford.
Ford has Reversed!Looking at the 6 month trend for Ford we can see that a reversal is finally happening from the selling side to the buying side! After this 2 week long sell off from our high of 16 and dropping to lows of 14.50 the selling might be starting to slow down and we can see some upwards movement from here back to 16. Ford will be releasing earnings from Q2 here in the next month and is expected to beat analysts expectations which is a very bullish sign. The pre-orders for the F-150 lightning and the Bronco have been through the roof being the main driving factor behind these revenue beats. I believe this should provide for a strong bullish push on Ford here in the next few months.
This is my opinion.
FordChart pattern: Bull Flag
Entry: 15.50$
Stop: 14.76$
Target: ~20$
Risk/Reward-Ratio: ~ 7:1
Stopmanagement: ATR Stops 4 hour chart default settings
Description: After an impulsive move the chart of Ford has formed a bull flag and is now at a support level. The end of the correction at 15.50$ will be used as entry and the 14.76 level as stop. The long scenario is also supported by the fact that the volume decreased during the correction. The ATR Stop 4 hour chart can act as a guide for the stop-management.
Another Triangle Forming, Bullish See previous charts, Bollinger bands squeezing, MACD, another triangle forming- will be watching closely for another breakout
Previous price targets reached- Overbought on the RSI, potential symmetrical triangle forming, just some key levels to watch
- - Expecting a recovery from the bottom of this channel, oversold on the EV news
- Might look to add if it finds some support at the 100day SMA
- RSI is in the oversold range
Ford inside day, watching for a potential reversal.Friday finished inside so going to start keeping an eye on Ford to see if it'll base out here and run again. If we can hold 15.08 Id look to go long again. But, if we can retrace under $15, the $15c would be a good price with at least a couple of weeks out. I'm being patient with this. It might just break $15 and retrace towards the 20 day.