octradr
Long

FORD IS TRUCKIN!

BATS:F   FORD MTR CO DEL
154 6 0
Ford has been on the rise for a while now and has formed a very good support line. Until this support is strongly broken I would assume the uptrend will continue.

The slow stoch line has been a great indicator of bottoms so don't neglect it.
There is also a strong resistance line around 17.68. I would open a long position if 2 things happen.

1. The price gets closer to the support line and the red stoch line gets under 20.

2. A breakout over 17.68 occurs.

HAPPY TRADING!

octradr
3 years ago
Testing support. 9/30
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Wilfred
3 years ago
Will it break the uptrend? This one is a nail biter. I suspect it will bounce pretty strong this week. This government shutdown is bullshit.
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octradr Wilfred
3 years ago
Yeah. Always have to keep the average citizen on edge. Could be a good opportunity though.
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octradr
3 years ago
re-testing support. 10/7
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octradr
3 years ago
Slow stoch just got into oversold territory and 100 day EMA is good support. RSI at 8 day interval is also in oversold territory...BUY NOW!!! 10/9/13 b4 close
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octradr
3 years ago
Taking profit. 10/17/13
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