Ford has been in a downtrend for 5 years during which time the global economy has gone in the opposite direction, that does not bode well for Ford if a global slowdown becomes a very real factor. We do see a short lived bounce in Ford, if it can break above short term resistance @$9.80 for possible upside to top of channel @$10.70.
Ford has been struggling lately, as the price has slumped after a bad earnings report in the end of the year 2018. Since then the price has climbed up a bit, and we are almost at the same price as we were at the end of the previous year. Reading some material from analysts, we can see, that they expect an EPS of 0.41$ for the first quarter of 2019. We believe,...
Good weekend everyone,
FORD is now reaching top of our descending channel, just below big resistance as show'd there.
If we look at H4 timeframe we see we are just below 200sma but if we check price action/volume behaviour we can see there is not much suplly on this zone, not yet, and for that i believe ford will try to break resistance, will it suceed? we will...
Ford closed with a lot of profit taking but it still shows no signs of slowing down. Up .04 since the daily close. Will we have another green day tomorrow? After a 5 year down trend who can say no to these prices anyway, especially with a bullish outlook of $17.00 in the near future and a dividend of 6.7% ? I'm in, are you?
WARNING: The longer term green and teal ranges could take a LONG time to play out. Likely only consider the short term for this one.
The lines are some decent specific levels to enter or exit at, should front run a tad.
The boxes around the levels represent entry/exit zones where anything is suitable if the levels themselves arent used.
Two trade setups...
Volkswagen and Ford are revealing more and more about their partnership plans. I think the VW deal will reveal more good news soon.
Ford also announced job cuts and shutting down three plants in Russia. The Russian business has dragged on Ford's profits for years.
I think Ford has bottomed out and is headed for $10+.
First price target: $10.
Second price target: $12.
From a technical point of view it is possible to try to take a short position on a potential technical rebound. The R/R ratio is also good (>1:3)
Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and...