timcho

F Bullish Flag[s]

Long
NYSE:F   FORD MTR CO DEL
Possible 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
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