NYSE:F
Indicators that I use:
* Purple = 9 EMA
*White = 21 EMA
*Light Blue = 200 EMA
Since markets have been flooded with fed money and a lot of reaction of overselling and overbuying on good and bad news (this market doesn't make any sense), I put a short term analysis on why I am temporary bullish.
Reasoning:
Using the 30 min Intra day chart, the first...
Ford stock just hasn't been the same and it's not looking any better.
They're down over 75% from their highs in 2014 and the company just lowered its 2020 guidance to $1.20 EPS while suspending their dividend and shutting down their plants. They have a ton of cash on hand and just borrowed another $15.4 Billion maxing out their credit lines, but they're losing...
stochastic RSI is getting over bought and 5 dojis! so much uncertainty specially at last day of options for this week. all increase possibility for down. bet on put options for next week. might be a good bet :)
Ford seems has passed the 1st wave of shock and things are getting stable. It Can easily go to $5- $5.10 if there be some supporting news from CEO or government. And since it is a mother industry, its more likely that government will help them to make less job loses. tomorrow morning if the market be stable I will buy and then sell it same day at noon or tomorrow Friday.
Daily Chart Explanation:
- Price broke the Weekly Support Zone (now Resistance Zone).
- Expect a pullback towards that Zone.
- After that, price will move down towards the next Support Zone.
- We are waiting the pullback to take short trades on lower timeframes.
Weekly Vision:
Updates coming soon!
Seeing historic lows in Ford makes me think their lack of direction has finally been priced in, but compared to $TSLA it still seems wrong in some way...
Ford's market cap now runs around $23B, while $TSLA is north of $110B, even despite a large % downturn.
That said... free cashflow for Tesla just recently eclipsed Ford.
I have been watching Ford since Jan 15 and the bears have been having a field day. The recent trend is a further confirmation Ford is in short term trouble. The news at end of day of the Mach-E being a fine electric vehicle, but lackluster compared to Tesla, was a big blow to them. Their earning's call in early 2019 banked their future on the electric products and...
Ford needs to turn around business and it isn't looking favorable for 2020. Tesla still has a several year head start and with recent bullish TSLA trend, F, only takes a hit. F is still within the downward channel. Taking into the current models available and global status, I expect Ford to continue a toward trend into 2021. It will take time before Ford's...
Ford pays an annual dividend of 6.9% - i purchased this for my portfolio, planning to hold for a bounce + reap the dividend yield this year while benefiting on longterm cap gains tax.
I'm expecting Ford to continue to run near support. My goal is a dividend play where ill accumulate between 8.75 and 8.5
Long Tern Dividend Play. Exit near $10
Still watching Ford. Chart says plenty, but not what I want...Maybe their joint venture with Toyota will solidify positive results. I'm in, might as well hold out for the dividend.
