$F 1/11/2022Daily chart analysis
$F. Ford was in an Accumulation Phase which lasted close to 18 years.
In Nov. 2021, it broke out from Accumulation phase and then proceed to enter a flag pattern. This is the start to Ford Uptrend.
From there, price went on to break the out of the bull flag and continue uptrend. Price is currently respecting all EMAs including 10.
This is my cue to enter. Will look at lower time frame for entry
1HR Chart analysis
Currently in uptrend.
Price has been bouncing between 24.80 and 23.50.
Price is currently at support area of 23.50
Price is currently at Dynamic support level of 50ema
Stochastic is currently at oversold.
Will enter trade long
Entry: 23.80
Stop loss: 22.50
Target: trail 10 ema on daily chart
F/PB trade ideas
Swing Trade Idea on FordSo hear me out. Ford filled a gap back down to the 21ish area on Friday and briefly broke through a support level just under 21 before the day ended. I see this thing continuing down to test the next support just above 19 this week. To add gas to the flame the dividend is also happening this week which will slightly add to the drop which might even take us down to 18. However, shortly after that we have earnings coming out. Ford, in the last 6 earnings releases, has absolutely obliterated the EPS estimate by +$0.24, +$0.16, +$0.73, +$0.41, +$0.43, and +$0.95 respectively. This, obviously, caused large spikes after every earnings release usually around the several dollar range.
My plan, in regards to all this, is to hold puts (which I bought early on Friday) through the dividend, then close those and pick up some far out calls to hold through earnings and beyond, since fundamentally I'm still bullish on Ford as a company over the long term.
I am, by no means, a trading expert. I am more so asking for tips and advice for this. Does anyone else like this idea? Am I way off? Anybody else want to try this with me?
Good luck this week!
Ford for the next week 🐻If spy opens up green for the week We may see it sitting around 442 helping ford bounce back too the 21-21.5 levels. We could also see spy keep falling into 430 levels being supported from the last 7 months taking ford back to the 20-19 range. If spy continues to fall past 430 ford will most likely break out the strong support it had from November to January. Feeling bearing on this next week.
Long?According to the previous analysis, the stock did very well, giving +20 percent. Now a new level has been formed. After the opening with GEP and further fall to the opening area. At closing above the level, entry into the trade. Upside: +13%
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$F Key Levels, Analysis & Targets $F Key Levels, Analysis & Targets
I have an open buy order at 21.48. Yes… I do think it will go lower, probably significanly, but that is going to be my starting position and I’ll update the plan once it fills.
GL, y’all…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2 or 3.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
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$F - Forming another step or flagI published in prior chart with the flag breakout target of $25. We have achieved that target and now we are in the next flag formation. Some may see this as a stair step pattern.
If current flag breaks out we can see $30. If the flag breaks down, we can fill the gap at $21.80 area.
Target 1 - $30
Risk - break down to $21.80 area.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
EV or ICE?Looking at some of the remarks Cathie has made lately... EVs are only 2% of $F sales. Can $F make a full switch to EV over ICE in the next 5-10 years? Results? I would think we'd see the same explosive growth $F saw in the 80s. The initial reaction to the stock price so far on the promise $F is taking EV seriously and potentially its future has me feeling great about my position i started in 2018 and will be holding for a long time.
Bullish so long as 24.27 is support.My preference: Bullish push towards 26.28.
My pivot point is: 24.47.
Alternative scenario: Below 24.47 Look for 23.76 and 23.34.
Comment:
RSI is above its neutrality area at 50.
MACD is positive and below its signal line.
Price could pull back in the short term.
Ford Motor is trading under its 20 period moving average but above its 50 period moving average.
Stay vigilant
Andanced_Analyst