Ford is right now forming a cup. Breaking above the prior high of 16.43 could send the stock to $20!
Which co-insides with the credit susie's analyst's new target price. Perhaps he did it based on technicals as well? :)
Target - $20
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Which co-insides with the credit susie's analyst's new target price. Perhaps he did it based on technicals as well? :)
Target - $20
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Comment:
Target reached. It could still continue upward. New chart will come in the future with new targets.