FORD trade ideas
$F - multi-year down trend break out target $16 Ford is at a very strong resistance. A break above $13.60 could propel the stock to $16.
Best case is $18.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Ford Breakout? 1 week chart of Ford motor company. Recently broke out of 7 year parallel channel and broke 20 year resistance trend line. If Ford can break and close 13.60 it will test the double top at 18. It can break 18 it should test ATH from all the way back in 1999. Note recent volume spike which gives the move conviction.
FORD MTR Daily Bat Bearish
VERTICAL DOTTED LINE is Ultra high volume up bar
Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW &
Within 3-5 price bars need the confirmation from a BEARISH CANDLE with LOW VOLUMES & with NO DEMAND
POTENTIAL SELL
Ford's future seems brightRecently they've taking the electric cars seriously which a huge boost to them and to their market share
The ascending trend of the stock has been confirmed for a whike trading in an ascending channel
If you have it in your postfolio it is to be kept for the time being thhe uptrend is going strong
If you don't add it to your watchlist and wait till it hit the support line for a safe entry point
Ford Lightning Re,Chants for Returning of Dividend NYSE:F is revealing the much anticipated F-150 Lightning on May 19th.
Elon Musk and NASDAQ:TSLA are not EV in North America. I think NYSE:F is the future of EV in North America.
With bearish trend towards EV and anything chip heavy, retail will be shopping for a seasoned manufacturer of North American vehicles to lead EV.
This would be a great opportunity to predict NYSE:F returns its dividend because of Biden's capital gains tax proposal that excludes dividend income.
Ford near resistance at 12Getting close to the resistance at $12. We've been in a small 20 cent range since Apr 29th. If we can break out of here I will be targeting the high from the week of Apr 26 which is $12.60. So far it looks like it will just bounce down but I'm keeping an eye on it in case it breaks through. If there's a move I will probably use the 12 calls with at least a couple weeks of time.
Ford uptrend channel. Ford daily chart shows a uptrend channel that looks very promising. The chip shortage wont last long and they are addressing the issue as we speak. RSI is heading up while the MACD looks ready to close red and turn green. Look how it is using the 100 sma line as support and it also assembles a ascending triangle. Dont sleep on Ford.
F Post EarningsOverview:
F like most automakers is facing a chip shortage with is hindering sales
Chip shortage should prove to be temporary (not definite end in sight yet) which is creating a discounted entry point
Current Trend:
Was recently in an bull trend that ended
Trade Plan:
Slowly scale into position around when price dips below $11.37
Target Profit:
Sell 50% of position at $12.50
Sell remaining position at $13.50
Stop Loss:
$11
Risk Reward Ratio:
My trading plan dictates at least 2:1
Disclaimer
Not investment advice. Thinking out loud in a crowded room.
Not too good not too badFord looks like it's trying to push out of a bear trend a 4th time but I don't think there will be enough momentum (no catalysts this week and the chip shortage is a problem) to do it. I think a 5th attempt is more than likely after bouncing off the $10.70 level.
Entry: $10.70
Stoploss: $10.35
My stoploss's are alerts, what dictates my exit is the bar formation at the time this is triggered. Not financial advice just stating an opinion.
FORD MTR CO DEL 1HRBULLISH BAT & CRAB Strong POTENTIAL REVERSAL ZONE
Earlier PatternS given good reaction on Type1 entry & Hit TARGETS
now price i s again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
buy this weakness FStopped at the 100-day moving average literally to the penny which should hold as strong support. The mustang mach E is going to do very well and require very little ad or marketing spend. And when they release the electric F150 it will go gangbusters. They had blow out first quarter earnings but are just trading down because of confusing guidance and bad price action in the markets lately when it comes to earnings beats.