Trade ideas
Ford turns bearishFord has entered a “NoGo” on the daily chart. After one amber “Go Fish” bar on December 31st, Monday’s price action saw the automaker trigger a “NoGo” flag.
The GoNoGo Oscillator in the lower panel, indicated this might happen when it failed to hold the zero line as support on December 21st.
Ford (F) is a buy, suitable for long term, potentially shorter. fords long term trendline is bullish since the start of covid, and the tred became steeper that past several weeks. ford may be ready to reach new highs, approaching 10.00 in the next month. It isn't Tesla, but not as risky either. Don't buck the trend. The trend will show you where the money goes.
by it at 8.88 - 9.00 per share, while you can. With oil prices rising, cars should follow suit.
F Bullish - Room to Grow in Rising Wedge. F
12/20/20 810pm pst
Room to Grow
No strong feelings, just trying an old stock.
Looks like F has some room to grow in this faint rising wedge.
I really like the orange horz price lines drawn out- they go back multiple years. It looks like the stock may bounce up from the 8.80$ price line towards 9.73$.






















