FORD has a strong uptrend and has finally presented an attractive time to get into this game. If you want to play it safe wait for it to close above 16.75. If it starts moving sideways I will re-evaluate the situation. HAPPY TRADING!!!
octradr
Taking profit. Not feeling bullish anymore. 9/13/13
Reply
octradr
A close over 17.50 is confirmation of a bullish trend.
Reply
octradr
I think a target of 19 is reasonable. 9/5/13
Reply
octradr
It looks like it is going to close over 16.75 AND the MACD has turned bullish AND all of the EMA's are crossing. What more do you need! Use 16.75 as a support and don't miss out. 9/4/13 before close
Reply
vaicru
It isn't buy
Reply
octradr
It never went over 16.75 and it looks like it is going to close under the support line. I am changing my position to short. 8/27/13
Reply
clifkix5
I agree with this. However you have to watch out for the SPY. Ford is directly tied in with out the SPY performs. Any major drop in the SPY may send this thing down further. Volume on this thing has definitely dried up which is also a concern. I personally am waiting on to see how the SPY develops and perhaps stronger data from China and Europe to support another major upwards trend. I believe that this current run may be at a end unfortunately. Great company that gets no respect!
Reply