OccamsPhazer

Ford Breaking Out of Consolidation? Fib Levels Explained!

Long
NYSE:F   FORD MTR CO DEL
F


Fords most recent 1 month consolidation as seen below:

In this video I review the fib levels that were respected throughout the trading day on Friday Dec 10th, 2021. Ford has now attempted a breakout of consolidation and has witnessed an increase in trading volume and bullish call volume. I would like to focus on the TA portion of Fridays bull run, specifically the fib levels and noting that the .618, .382, and .286 were mostly used upon retracement.
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