Ford Motor Company
F
Areas of interest:
Consolidation:
1) $19-20.50
2) 17.52-18.59
Breakup at $21.50
Breakdown at $16.49
Recent overhead gap between $18.46-19.89
Reversal candles seem to be appearing in the lower consolidation zone (2) on the 3 day chart - almost looking like an inverted hammer but not enough wick to truly label them as such.
Indicators show us on the 3 DAY chart:
Currently trading below the 12 and 26 EMA
The 12 is above the 26 but appear to be attempting to cross soon if bears take control and push the stock price below consolidation 2 (listed above)
Currently trading above the 50 MA
The 50 MA recently has acted as support and seems to have help stabilize the stocks price into consolidation for the past 1.5 weeks of trading
Observations from a bull and bear side:
As a bull, I (obviously) want to see the 50 MA hold and to see divergence of the 12 and 26 EMA (to the upside) to shake any fears of a potential cross under (12 under 26). Recapturing $19 would be my first target. A break and hold of this level will signify an attempt by the buyers to send the price of Ford back to its consolidation zone. This is needed in order for Ford to breakout and create NEW structure. The previous attempt was rejected as the price moved too fast to levels not seen in 20 years. Remember, there is such thing as a 20 year bag holder. Employees, insiders, investors, retail, shorts, etc. A blue chip company like this needs to gradually climb, in stairstep manor, creating small consolidation periods where the market accepts small movements one at a time. That said, I would love to see Ford make use of its previous consolidation zone to prep for the next level. In my opinion, this would be $21.50-22.50.
As a bear, a break below the 50 MA while considering the breakdown level of $16.73 should be watched. A break below 16.49 would potentially send Ford down to it's PREVIOUS structure between $12.38-16.49. I want to highlight this only to prep for the potential this could happen -imo it is unlikely unless the entire market continues to slide further into a true recession/crash. For this fact alone, either selling covered calls at this breakdown level or buying puts would be a good way for Ford longs to fight against this scenario.
Most recent news - I will makes this as UNBIASED as possible:
1. (RUMOR) - "Ford is considering separating its electric vehicle business from its legacy operations, Bloomberg reported Friday."
www.thestreet.com/ma...ev-division-spin-off
2. (Heavy Bullish Opinion Piece) - "The legacy automaker has copied from its great rival a method which makes it possible to have updated cars regularly and to reduce costs."
www.thestreet.com/in...esla-at-its-own-game
3. (Bearish Facts, sorry Bulls) - "New Broncos Are Reportedly Sitting Undelivered Due to Chip Shortage"
www.roadandtrack.com...n-lot-chip-shortage/
4. (Interesting way to approach safety) - "Ford’s latest road safety idea? In-car sounds of pedestrians and bike bells"
road.cc/content/news...ke-bell-sound-290455
5. (Counter to #1) - "“We have no plans to spin off our battery electric-vehicle business or our traditional ICE business.”
www.barrons.com/arti...-spinoff-51645203377
6. (Consumer Report top EV pick awarded to Ford) "Ford Mustang Mach-E Is Consumer Reports' EV Top Pick. The Tesla Model 3 won the award for the last two consecutive years."
insideevs.com/news/5...he-consumer-reports/
7. (DON'T count out NASCAR, man) www.nascar.com/news-...inal-practice-recap/
8. (New turbocharged inline-4 SUV) - www.motorauthority.c...ahead-of-mar-1-debut
9. (Not sure how this will play out, probably BAD PR tbh) - "Ford says it's working with unvaccinated salaried employees before rolling out unpaid leave plan"
www.wxyz.com/news/fo...ut-unpaid-leave-plan
10. (Ford building new plants) -
www.autonews.com/man...tucky-battery-plants
11. (Fords push to EV and battery solutions) - "Ford, Volvo join Redwood in EV battery recycling push in California" www.reuters.com/busi...lifornia-2022-02-17/
F
Areas of interest:
Consolidation:
1) $19-20.50
2) 17.52-18.59
Breakup at $21.50
Breakdown at $16.49
Recent overhead gap between $18.46-19.89
Reversal candles seem to be appearing in the lower consolidation zone (2) on the 3 day chart - almost looking like an inverted hammer but not enough wick to truly label them as such.
Indicators show us on the 3 DAY chart:
Currently trading below the 12 and 26 EMA
The 12 is above the 26 but appear to be attempting to cross soon if bears take control and push the stock price below consolidation 2 (listed above)
Currently trading above the 50 MA
The 50 MA recently has acted as support and seems to have help stabilize the stocks price into consolidation for the past 1.5 weeks of trading
Observations from a bull and bear side:
As a bull, I (obviously) want to see the 50 MA hold and to see divergence of the 12 and 26 EMA (to the upside) to shake any fears of a potential cross under (12 under 26). Recapturing $19 would be my first target. A break and hold of this level will signify an attempt by the buyers to send the price of Ford back to its consolidation zone. This is needed in order for Ford to breakout and create NEW structure. The previous attempt was rejected as the price moved too fast to levels not seen in 20 years. Remember, there is such thing as a 20 year bag holder. Employees, insiders, investors, retail, shorts, etc. A blue chip company like this needs to gradually climb, in stairstep manor, creating small consolidation periods where the market accepts small movements one at a time. That said, I would love to see Ford make use of its previous consolidation zone to prep for the next level. In my opinion, this would be $21.50-22.50.
As a bear, a break below the 50 MA while considering the breakdown level of $16.73 should be watched. A break below 16.49 would potentially send Ford down to it's PREVIOUS structure between $12.38-16.49. I want to highlight this only to prep for the potential this could happen -imo it is unlikely unless the entire market continues to slide further into a true recession/crash. For this fact alone, either selling covered calls at this breakdown level or buying puts would be a good way for Ford longs to fight against this scenario.
Most recent news - I will makes this as UNBIASED as possible:
1. (RUMOR) - "Ford is considering separating its electric vehicle business from its legacy operations, Bloomberg reported Friday."
www.thestreet.com/ma...ev-division-spin-off
2. (Heavy Bullish Opinion Piece) - "The legacy automaker has copied from its great rival a method which makes it possible to have updated cars regularly and to reduce costs."
www.thestreet.com/in...esla-at-its-own-game
3. (Bearish Facts, sorry Bulls) - "New Broncos Are Reportedly Sitting Undelivered Due to Chip Shortage"
www.roadandtrack.com...n-lot-chip-shortage/
4. (Interesting way to approach safety) - "Ford’s latest road safety idea? In-car sounds of pedestrians and bike bells"
road.cc/content/news...ke-bell-sound-290455
5. (Counter to #1) - "“We have no plans to spin off our battery electric-vehicle business or our traditional ICE business.”
www.barrons.com/arti...-spinoff-51645203377
6. (Consumer Report top EV pick awarded to Ford) "Ford Mustang Mach-E Is Consumer Reports' EV Top Pick. The Tesla Model 3 won the award for the last two consecutive years."
insideevs.com/news/5...he-consumer-reports/
7. (DON'T count out NASCAR, man) www.nascar.com/news-...inal-practice-recap/
8. (New turbocharged inline-4 SUV) - www.motorauthority.c...ahead-of-mar-1-debut
9. (Not sure how this will play out, probably BAD PR tbh) - "Ford says it's working with unvaccinated salaried employees before rolling out unpaid leave plan"
www.wxyz.com/news/fo...ut-unpaid-leave-plan
10. (Ford building new plants) -
www.autonews.com/man...tucky-battery-plants
11. (Fords push to EV and battery solutions) - "Ford, Volvo join Redwood in EV battery recycling push in California" www.reuters.com/busi...lifornia-2022-02-17/
