Therealaleech
Long

Possible trade set up long F

NYSE:F   FORD MTR CO DEL
19 0 0
Ford recently looked to bounce off and through a couple resistance zones and looks fairly bullish after the recent gap headed higher. There was a recent BB reversal, the stochastics agreed with the recent move headed higher after a cross with the higher moves, RSI is slightly overextended but has room to move and MACD is headed higher closing in on the zero line. Looking weary of the SMA 100-200 potential cross and the EMA's not favoring the move higher currently, but it could end up like February. Decent R:R playing to and from the recent gaps. Still weary of the recent wicks though. Looks like a bull trap to me, but given a close above the prior days high, more bullish than bearish .
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