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paulyberndt
Dec 24, 2013 9:28 AM

Ford setting up LONG 

Ford Motor CompanyNYSE

Description

Ford on a weekly chart has sold off and hit a resistance area with the Chickou hitting resistance from 26 weeks ago. This is confirmed on the monthly chart if you look at as it is sitting on top of Kijun Line. Price is above the cloud on a weekly and monthly basis. Buyers often lurk around the top of the cloud and I am watching to see if buyers step in.. No trade setup long yet for me but this is on my watchlist
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