FORD F SWING TRADE SETUP DOUBLE BOTTOM
FFrom the 2H chart, F had a double bottom on June 17th and July 6, with the former being the day SPY bottomed.
Now in a solid uptrend buying volume through the recent earnings.
Fundamentally earnings were favorable.
F has run up 30% in the past month.
I am thinking of a long trade once resistance at 16.11 is broken.
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