Trade ideas
Bullish flag on F. Daily chart on Ford shows a potential bullish flag playing out. We could be in the buying point where technically speaking it is the entry point in a bullish flag pattern. Volume is there to support it and the MACD looks to be closing red goin onto green. If this plays out i give Ford a 20 dollar price target. If you didn't hear the news Ford will be providing parts for the U.S postal service vehicles which in turn means income coming in for ford.
Ford has Reversed!Looking at the 6 month trend for Ford we can see that a reversal is finally happening from the selling side to the buying side! After this 2 week long sell off from our high of 16 and dropping to lows of 14.50 the selling might be starting to slow down and we can see some upwards movement from here back to 16. Ford will be releasing earnings from Q2 here in the next month and is expected to beat analysts expectations which is a very bullish sign. The pre-orders for the F-150 lightning and the Bronco have been through the roof being the main driving factor behind these revenue beats. I believe this should provide for a strong bullish push on Ford here in the next few months.
This is my opinion.
FordChart pattern: Bull Flag
Entry: 15.50$
Stop: 14.76$
Target: ~20$
Risk/Reward-Ratio: ~ 7:1
Stopmanagement: ATR Stops 4 hour chart default settings
Description: After an impulsive move the chart of Ford has formed a bull flag and is now at a support level. The end of the correction at 15.50$ will be used as entry and the 14.76 level as stop. The long scenario is also supported by the fact that the volume decreased during the correction. The ATR Stop 4 hour chart can act as a guide for the stop-management.
Another Triangle Forming, Bullish See previous charts, Bollinger bands squeezing, MACD, another triangle forming- will be watching closely for another breakout
Previous price targets reached- Overbought on the RSI, potential symmetrical triangle forming, just some key levels to watch
- - Expecting a recovery from the bottom of this channel, oversold on the EV news
- Might look to add if it finds some support at the 100day SMA
- RSI is in the oversold range
Ford inside day, watching for a potential reversal.Friday finished inside so going to start keeping an eye on Ford to see if it'll base out here and run again. If we can hold 15.08 Id look to go long again. But, if we can retrace under $15, the $15c would be a good price with at least a couple of weeks out. I'm being patient with this. It might just break $15 and retrace towards the 20 day.
F could consolidate or continue to higher highs. Ford daily chart is looking great as the company is really pushing towards the EV revolution. New CEO who has changed the future for the company and has moved money and cutback on wasteful spending. This push towards EV will help the company for the long term, and if they decide to bring back the dividend that will push the stock higher. MACD is widen green and could continue to widen further while the RSI is in the overbought territory.
Ford going to $20 and beyond$F Look at this beast after multidecade monstrous breakout there is no looking back. Left it to dust has woke up and became new favorite amongst many big boys. Try to get on this one during possible pullback to $12
Now sitting above the Alltime high VWAP and above all monthly moving averages which is HUGE
Target $19-$21






















