Ford on a weekly chart is a record breaking line of green candles.
Then we zoom in on the daily. The push brought on by dividend or other forces possibly seems to be losing energy. The push up may be "transitory". Downside risk for the coming weeks is here from what we can see. Black arrows represent where I am looking for targets on my Puts and red arrow is if i am wrong where to exit.
Just an idea at your own risk so risk management is always important. But, my bias is to the downside for now at least.
Happy and profitable trading to all!
Then we zoom in on the daily. The push brought on by dividend or other forces possibly seems to be losing energy. The push up may be "transitory". Downside risk for the coming weeks is here from what we can see. Black arrows represent where I am looking for targets on my Puts and red arrow is if i am wrong where to exit.
Just an idea at your own risk so risk management is always important. But, my bias is to the downside for now at least.
Happy and profitable trading to all!