octradr

CAN FORD HOLD ON???

BATS:F   FORD MTR CO DEL
183 4 0
1st off. Ford's momentum is slowing. The 50 day EMA has been a good support. Buying under this has earned great rewards, but what makes this different is the fact that Ford has dropped below this line 5 times since late August. This line is breaking down!

All 3 lines I drew are support with 16.35 being the most meaningful. If this support is broken expect a trend reversal.

The other 2 lines are short-term play lines and only useful for quick turnarounds.

If you feel very bullish then it is under the 50 day and buy, but use a closing price of 16 as your stop.

HAPPY TRADING!
Nearing resistance around 16.50. 1/14 b4 close
Reply
Trend reversal initiated. 12/19
Reply
Overall trend is flattening out. 11/18
Reply
It is holding so far. Buy if it looks like it will close above 17.24. 11/6
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out