3007 views
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.
Best regards EXCAVO
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.
Best regards EXCAVO
DeFi AMM https://excavo.finance
Multi strategy Quant Fund - https://fobs.fund/
🆓Channels
https://t.me/excavo_forex
https://t.me/excavochannel
💻 Academy⏩ https://excavo.io/academy
☑️ Buy VIP groups and Academy 👉🏿 https://t.me/VIPsignalbot
Multi strategy Quant Fund - https://fobs.fund/
🆓Channels
https://t.me/excavo_forex
https://t.me/excavochannel
💻 Academy⏩ https://excavo.io/academy
☑️ Buy VIP groups and Academy 👉🏿 https://t.me/VIPsignalbot
Comments
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.