Ford won't relocate their Kentucky factory to Mexico it seems. I think Ford is just really cheap here, and it doesn't look like a bad buy at all, against this support, so, take a 2% stake, sit back and relax.
Tight Sl with HUGE UPSIDE potential.
Long opened right before earnings report which I have a feeling it will beat estimates. Ford has been having a very good year snatching market share from GM and other competitors.
Expecting this stock to soar.
Today we added a couple shorts, I'm posting the trades we currently have open but not providing entry/stop suggestions. Only trade them if you have a trading strategy, or, ask me if you're interested in learning more about the one we use (Tim West's 'Key Hidden Levels' and 'Time at mode').
We have some worrying ...
Looking to buy $F at $12.00.
1) They have a low earnings estimate that I believe they will smash.
2) Tonnes of great new products that sold like crazy this year; Focus RS, Mustang 350, Mustang 350R, Ford GT: ALL SOLD OUT
3) Best Selling Truck in the WORLD!!
I believe the Ford is the most undervalued ...
breakout of inclined support
Sell 1) 12,40-12,30 (retest of top flag's level) 2) 12.10 (breakout of bottom flag's line)
Stop 12.56 (+1 tic of flag's high)
Target 10.50 (sizing+support level)
Ford Motors Co: after not a great earnings and following decline, now FORD looks like possible recovering towards bullish up-trend, or a correction before a downtrend.
So, as usual we have two plans to work with F:
Plan A: today we buy a half of a position and wait until additional signals that F can really ...
FORD seems in a corrective phase, i'm expecting a strong wave up if the price is able to break the downward channel. If the price drops under the dotted line with an impulsive wave it's a totally different structure.
Fiat Chrysler to invest $1.5B at Sterling Heights plant
Buy Stocks on the Rumor, Sell on the News
So looks like channel trading. Lean towards short side more but good options strategy would be great for ...