Ford Looking ready for new all time highs.
Daily chart on Ford is looking pretty bullish to me. Combine the chart setup with earnings on Thursday and with pre orders of their evs soldout i expect ford to beat earnings and give a good guidance heading into the next few quarters. MACD looks about ready to close red and turn green, while RSI is heading up. GM had earnings which were mixed but not bad in my opinion. Ford has been my winner during the past few months with the market being in red. Im giving Ford a 30 dollar price target. Long term price target of 50 dollars.
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