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gl0bu
Nov 9, 2018 3:07 AM

ford fib long term Short

Ford Motor CompanyNYSE

Description

elliot wave combines with fib levels. in the abc correction for the wave 4 of 5
Comments
jeffreyjim
"Ford Motor Company" --- 1-10-2019 --- Monthly Chart
From the January, 2018 high at $13.48 to the December, 2018 low at $7.41
Equals = "5 Waves Down" "My Opinion" --- Monthly Chart --- ?
If -- ? -- Ford trades above the 12-3-2018 high at $9.85 --- This would confirm 5 Waves down completed.

What do "You" think ?
"One Eye Jim"
Vinny10
What's your count on the Daily?
jeffreyjim
"Excellent Post" --- Thanks --- Very Possible at this time 11-11-2018
If this Wave Count is correct Wave 4 should "Not" trade above $10.14 (my opinion)
Except if this down move is a "5th Wave Diagnonal Triangle"
Down Move starting date = January 16, 2018 at $13.48 high
This is "One Wave Count" -- I am watching at this time
Major Buy Zone $8.00 and lower if anyone is "Bullish Ford" ? (my opinion)
Currently own 876 shares of "Ford" (two different accounts)
Open orders to buy at this time listed below -- These targets "May" or "May Not" get filled
$8.00 -- My #1 Wave Count = Wave A and Wave C are equal at $7.97
$7.89 -- Fibonacci .618 retracement = $7.88
$7.56 -- "CYA" = decrease space between buy points
$7.24 -- Top of Gap Monthly Chart
$7.00 -- Bottom of Gap Monthly Chart
$6.61 -- October, 2009 low
This is for information only

Let's see what happens
"One Eye Jim"
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