FORD MTR CO DEL
Long

2020 Actual Trade: F +18% Profits

72
  • Notice tight range between 6.5-7.3 for three months duration (July - October)
    Breaking out 7.5 resistance in October means engine has been turned on
    Pullback process or short-term consolidation offers the best timing to get on the car and fasten seat belt for a ride
    About 6 sessions later 10/20 appeared a perfect entry point at 7.82
    F ran fast and changed gear with a little pullback but strong support around 7.7
    Then, F kept pushing pedal, changing gear and running uphill for about 6 weeks to its finish line with +18% profits on 12/10

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.