EXCAVO

Ford close to the trend reversal

Long
NYSE:F   FORD MTR CO DEL
Ford (NYSE:F) formed a falling wedge . It tests the resistance line on a monthly chart. The stocks are confidently recovering, there are signals of a reversal of a long-term downtrend.

Recently it has become known that Ford invests $100 million in a plant in Missouri. The investment is part of more than $11.5 billion that Ford will spend on electric vehicles through 2022.

The company marked it wants to release its most iconic ICE models in electric versions. The popularity of electric cars is growing, especially during the oil crisis.

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Comments

These crap little sheets are hilarious though. You should chart more stocks. Become an option degen. It’s the cool thing to do these days
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^^ Nonsense. Good eyes brother. Caught some flow and had a look saw the same and hopped in.
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LOL forrreal though is this chart a joke? Do you even know how to trade??? you are a funny man hahahaha, 1 falling wedge on the chart and slap up a logo and you call it good this is disgusting I can't believe almost 100k people follow you... wow
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Here is the F analysis:



F is going to hit $10.12 monthly level of resistance, that red line. The bottom was after the coronavirus crash at $4.30 and has been capitulating since... yaaa boy kyer bought the bottom because I saw this level touch from the previous bottom out after the 2008 crash.
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This chart is really lazy honestly
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@kyer, my man :D
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Having fun trading BTC kiddo
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Interesting. I like this view
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