IvanLabrie

F: Ford is cheap, make America great again

Long
IvanLabrie Updated   
NYSE:F   FORD MTR CO DEL
Ford won't relocate their Kentucky factory to Mexico it seems. I think Ford is just really cheap here, and it doesn't look like a bad buy at all, against this support, so, take a 2% stake, sit back and relax.

Cheers,

Ivan Labrie.
Comment:
Looks to be ready to rally.
Comment:
Holding support and apparently taking off.
Comment:
Lookg good.
Comment:
Bingo, trail stop to 12.50, add if you didn't. Last: 12.77
Trade closed manually:
I'll close here for now: 12.75

Holding GM for now.

Will reenter when viable.
Trade active:
Reentered at 12.44, same size, and stop at my avg entry: 11.98
Comment:
Looks good.
Comment:
Home run trade!!! Let's see if we break the resistance above.
Comment:
Trailed stop to 13 and doubled it.
Trade closed manually:
Trailed out at $13. Not bad!
Trade active:
Bought back at 12,30 today.
Trade closed manually:

Sold for a nice gain.

10% position from 12.30
Comment:
(Ford is a great trading stock...)
Trade active:
Time to trade this one again, buy at market tomorrow, ideally under 12.83, stop loss is tight at 12.63, so, 20 cent risk. Aim for a retest of the highs at least.

Trade closed: stop reached
Trade active:

Went long last Friday, at 12.41.

Acting strongly, we could trigger a weekly rally here.

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