A couple of days ago I was still skeptical to trade Ford. The stock price was just over its resistance level
and I had a feeling that it would drop back again. It proved out to be a false breakout. I expect this stock to breakout this time given that an ascending triangle
pattern is present. After this I expect it to continue its upwards direction.
Price Target: $18
Entry Price: $17
**Tommorow i'll post on my website, http://fonzotrader.com
, a more thorough analysis on this stock.