About meOver 10 years of reading charts, I speak their language. I listen whenever they whisper. I follow wherever they lead. I eat news for breakfast and I pillow-choke my dog Serena hush whenever Jerome Powell speaks. Follow me or lead.
I am looking for price to drop down to a little bit before it potentially go up again to either recent highs or new highs.
Ford stock price is relatively cheap, trading levels it once traded five years ago.
Since the stock price is cheap, I would just place my stop at $8.40, looking for price to hike up somewhere over $13, $15 and $17. I would simply move my TP's as it goes up.
Airbus Stock Price is likely to go up to €88 again within the next few days/weeks. Traded same level a few times during the past few months. I would like to stop myself right below that support level since going below that level suggests that the market is getting impatient with the behavior of the stock.
The company is at a level not seen since the 2008 crisis. Wonderful level considering the positive economic changes we have lived ever since.
I would stop myself if price drops under $34.80 just to give my trade a change to breathe, but if you are thinking of holding it longer, I would advise you to stop yourself around mid-20's and have a higher TP.