adambiers
Long

Ford finally broke the corrective wave low! Time for the upside?

NYSE:F   FORD MOTOR CO
NYSE:F has been in a weekly corrective downtrend for the last 4 years. We finally broke the A wave low. Many analysts consider this a "strong sell". Now will crowd psychology think this price is a bargain and start buying? WIll the funds do the same thing?

Time will definitely tell! Personally I will be looking for any chance to go long, as long as there is a valid setup. There is a buy setup brewing on the 15 min chart.

Will this be the start to the upside, or do we have some more room to go down?

What do you think?

Thanks for looking, trade responsibly!
Comment:
Comment: Appears we're getting a buy setup. Maybe this ends up making a correction to make more pulses down, we will find out soon enough!
Comment:
"Ford motor Company" --- 11-19-2018
From the October 24, low at $8.17 to the November 9, 2018 high at $9.80 can be counted as 5 Waves up ? -- My opinion
The October 24, 2018 -- $8.17 price low must hold for this Wave Count to be correct.
For information only. -- Trade at your own risk.

"One Eye Jim"
Reply
"Ford Motor Company" --- Sharing "My" Trading Strategy --- 10-28-2018
Trade #1 = Filled 100 shares at $9.82 --- 8-10-2018
Trade #2 = Filled 100 shares at $9.22 --- 9-27-2018
Trade #3 = Filled 150 shares at $8.82 --- 10-10-2018
Trade #4 = Filled 153 shares at $8.67 --- 10-12-2018
Trade #5 = Filled 200 shares at $8.21 --- 10-19-2018 --- "My" Wave Count #2 = Wave "A" and Wave "C" down are equal at $8.20
"My" opinion "Major Buy Zone" below $8.00 --- If anyone is "Bullish Ford"
Open Orders To Buy Listed Below "May" or "May Not" get Filled ?
Trade #6 = $8.00 --- My Wave Count #1 = Wave "A" and Wave "C" down are equal at $7.97
Trade #7 = $7.89 --- Fibonacci .618 retracement = $7.88
Trade #8 = $7.56 --- "CYA" thing
Trade #9 = $7.24 --- Top of Gap Monthly Chart
Trade #10 = $7.00 --- Bottom of Gap Monthly Chart
Trade #11 = $6.61 --- October, 2009 low

This is for information only --- Trade at your own risk
"One Eye Jim"
Reply
"Ford" today 10-19-2018
#1 -- Gave a Daily Buy Signal.
They "Do Not" always work.
#2 -- Hit "My" Wave Count #2 Target.
Wave "A" and Wave "C" are equal at $8.20 -- low = $8.19 at this time. (Markets are open for trading)
#3 -- "May" have Completed 5 Waves down from $9.94 high on 9-21-2018 ?
#4 -- The move from $9.94 high on 9-21-2018 to low $8.19, could be a Third Wave low ?
Trade at your own risk --- For information only

"One Eye Jim"
Reply
"Ford" maybe completing 5 Waves down ?
Starting date 9-21-18 -- Wave 1 down started at $9.94 --- Ended 9-28-2018 -- $9.09
Wave 2 up started at $9.09 --- Ended 10-1-2018 -- $9.44
Wave 3 down Started at $9.44 --- Ended 10-12-2018 -- $8.55
Note: Wave 3 down had a very clear 5 Waves down.
Wave 4 up started at $8.55 --- Ended at ? ($8.89 -- October, 2018 ?)
Wave 5 down started at ? ----- Ended at ?
------------------------------------------------------------------
My #1 Wave Count
A-B-C Flat correction Starting date January, 2011
Wave "A" down started at $18.97 -- Ended at $8.82 -- August, 2012
Wave "C" down started July, 2014 at $18.12 --- Ending date ?
Wave "A" and Wave "C" are equal at $7.97
---------------------------------------------------------------
My #2 Wave Count
A-B-C Flat correction -- Starting date January, 2011
Wave "A" and Wave "C" down are equal at $8.20
Wave "A" down started at $18.97 -- Ended at $9.05 -- October, 2011
Wave "C" down started July, 2014 at $18.12 -- Ending date ?
---------------------------------------------------------------------------------------
Fibonacci .618 retrecement = $7.88
----------------------------------------------
My open orders to buy listed below --- Trade at your own risk.
$9.82 Filled -- $9.22 Filled -- $8.82 Filled -- $8.67 Filled
Open orders listed below "May" or May Not" be filled ?
$8.21 --- Open order -- (#2 Wave Count = $8.20)
$8.00 --- Open order -- (#1 Wave Count = $7.97)
$7.89 --- Open order -- (Fibonacci .618 retracement = $7.88)
$7.56 --- Open order -- "CYA" thing
$7.24 --- Open order -- Top of Gap Monthly Chart
$7.00 --- Open order -- Bottom of Gap Monthly Chart
$6.61 --- Open order -- October, 2009 low

For information only
"One Eye Jim"
Reply
"Excellent Chart Post" --- Thanks
Today 10-16-2018 "Ford" gave a short term sell signal.
They "Do Not" always work.
New price lows could be coming soon ?
Your Wave Count A-B-C down is My #1 Wave Count at this time.
Wave A and Wave C are equal at $7.97
Fibonacci .618 retracement = $7.88
Top of Gap Monthly Chart = $7.24
Bottom of Gap Monthly Chart = $7.00
If anyone is "Bullish Ford" ? --- My opinion excellent buy points if they are hit ?

"One Eye Jim"
+1 Reply
adambiers jeffreyjim
@jeffreyjim, Thanks for the comment. I'm bullish on F forsure. Just unsure when the next impulse will happen. WIll it be now.... or do we have a few more months of up and down corrective insanity
Reply
jeffreyjim adambiers
@adambiers,
Will comment Something very Cool soon. (If "Anyone" -- is -- "Bullish Ford")
The "Numbers" listed above are very good buy points my top 5 picks
My #1 pick was $8.82 --- Insurance Policy --- "Just want to be onboard"

"One Eye Jim"
Reply
adambiers jeffreyjim
@jeffreyjim, I'm playing cheapo weekly options for now until I have the clear sight of the upside. My logic is, if it pops I make some money, if it drops I lose an offensively small amount
Reply
jeffreyjim adambiers
@adambiers,
I have not traded options for many years.
If anyone is "Bullish Ford" ?
These numbers could be used to buy call options ?
Sell covered call options on stock you own ?
Trade at your own risk. --- For information only.

"One Eye JIM"
Reply
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