Ford has been the most successful trade for me as of late. The daily chart on Ford looks great and i remain bullish on Ford for the long term as the company has made it clear of their intentions to change the business model to Electric. This new COO has really changed things for the company and with the push to make America more electric Ford will definitely give tesla a run for there money. Daily chart looks very bullish as it is clear that Ford is consolidating, and with recent news that Bill Ford purchased about 2 million shares at current prices i remain bullish and give Ford a 50-dollar price target for the long run.
@traderkr84, I see this rally continuing for Ford as they are really looking to be the top electric auto maker. News keeps coming out how their preorders for their lightning truck reached over 200,000.