Trade ideas
F uptrend. Ford has been a good investment for me since i opened a position, and got an option play expiring 2022 with strike price of 12 dollars. There restructuring of there business into Evs will benefit the company as electric vehicles will become the future with the Biden administration helping. Ford Broncos look nice and with the Mustang mach e releasing later this year i see this uptrend for ford continuing. RSI is approaching the overbought territory while MACD seems to be widening green.
Ford to aim for $14Ford is broken out of a long down trend line (since 2014!). Also broke out of a recent $11-12 resistance.
On the Daily chart, it also broke out of a upsloping pennant pattern.
Fundamentally (I'm not a fundamental trader but...), they seems to have some winds going for them as well.
So, target profit 1 is set at $14.
Usually, with such momentum pushing the price it is followed by some rejection as well. And so there will be no target profit 2, and we will evaluate again on future moves.
Disclaimer: I'm not giving any trading and investing advice. Just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment!
Thanks
Ford approaching resistanceFord is becoming more aggressive in its competition with Tesla. With a $50 billion market cap and expected high sales, many banks and hedge funds shifted attention to Ford, seeing this stock much higher than the current price.
On the technical side we are approaching a strong resistance level, so expecting a consolidation at least with potential pullback before continuation. Once resistance breaks and the candle closes, we can target higher levels.
Longing Ford even though I think the F-150 sucksFirst, I am a Ram guy. I know multiple people who have bought F-150s and to a person they hate any model since about 2008. Ok, that being out of the way....
No fancy chart here, I'm long $F from $11.90, which was a bad entry because it almost stopped out, but luckily reversed at 11.50 and is looking good now. This is not my usual play with a clear target, this is more of a momentum trade with a trailing stop.
I think if it breaks $12.50 we fly. I missed the real entry sub 10 dollars, but whatever, clear defined stop and if we go up it could be a lot.
Normally I would not post such a low value chart, but I am logging trades here too under the absurd assumption I can get a trading job one day and this will help instead of hurt.
F looks bullish on the daily chart. Ford has been one that hasnt gone down as much as other stocks. Hearing good things about the electric mustang Mach E. A friend of mine works at a ford dealer who told me that Ford broncos are pretty much sold out everywhere, and the only ones that remain are those that people costumed online and didnt like how it came out. Also mentioned to me that F150s are also selling out and his dealership has seen an increase in sales here in CA. The chart looks good as RSI is heading up to the overbought area and MACD is opening green. Just broke resistance and will be interesting to see if it opens up above resistance on tuesday.
Ford Motor Company | Needs To Find Base | All Time Highs AfterHello Traders,
My Proprietary Model and historical structures define a strong support level from 5.34-3.67. These levels, once attained, will act as a consolidation zone/launch pad for price. The first hurdle will be the resistance zone defined from 16.22-17.24. Once these levels are broken the TG 1-7 come into play. If price breaks the resistance zone prior to hitting the support level defined on the chart, TG 1-7 come into play in that scenario as well.
Ford ascending triangle breakoutBroke out yesterday on strong volume when all indexes were down.
Macd golden cross
RSI still has room
MFI has room
1st target at 13.52 will be tough to break being it's a yearly down trend resistance dating back to 99; if it can push through there, next target Fib 15.48
$F - Ford - Top Daily Gainer (Pennant & Wedge Examples)3/2/21
$F - Ford Motor Company - 4.758% Gainer
No catalyst found, but recent moves up to $12 resistance were enough to move price significantly today.
-I'm going to be taking a look at some of the top daily gainers (may throw in some losers occasionally) of the day on their daily charts and posting them here throughout March.
This is not advice. Just analyzing price action and patterns.
-I will try to vary the catalysts (analyst upgrades, earnings, clinical trial results, etc.) for the stock moving (if any) and the sector that the stocks are in.
-You'll notice I try to keep my charts as simple as possible. Black background and no grid. I will be focusing solely on price action, patterns, and support and resistance levels.
No moving averages, MACD, volume profiles, Bollinger bands, etc.
Please feel free to comment or leave suggestions. I am always looking to improve. Thanks.
F looking bullish. Looking at the daily chart on Ford, and it is looking bullish. RSI is heading up and the MACD is closing red getting ready to go green. The USPS contract was given to Oshkosh and i read that Ford and Oshkosh work together. Will look more into this but this year will be a good year for Ford. Have been trading sideways for a few days too which leads me to believe that we can see a move up soon.






















