Buying Ford at trend of higher lows.

Ford - 30d expiry - We look to Buy at 11.71 (stop at 11.11)

Trend line support is located at 11.60.
Preferred trade is to buy on dips.
The sequence for trading is higher highs and lows.
11.58 has been pivotal.
We look for a temporary move lower.
In our opinion this stock is undervalued.

Our profit targets will be 13.21 and 13.61

Resistance: 12.35 / 12.91 / 13.20
Support: 12.16 / 11.90 / 11.58

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FORDfordmotorcompanyTrend Lines

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