OccamsPhazer

(F) Ford sitting in consolidation, looking to break a wedge.

Long
NYSE:F   FORD MTR CO DEL
Scenario 1: The pivot trend continue with a break out of consolidation and out of its current wedge.
Scenario 2: The wedge breaks down and finds support on the prior trend
Scenario 3: Consolidation continues and the wedge is broken to meet support and continue on a bull run
Scenario 4: Wedge breaks down, support is broken, and a reversal in trend is confirmed.
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