FORD
F – Ford Bullish Wedge, Gap Fills, and Earnings PlayRisk reward is 1:1. Multiple bullish signals.
Trade Entry
Feb. 7 expiry. Put Credit Spread. 8/10 strikes. $1.00 or more credit. Max risk $100. Max reward $100. POP 72%. (I would prefer better than 1:1 payout, so even trying for $1.05 or $1.10 makes a big difference). Minimum acceptable credit is $1.00.
Chart Details
Bullish flat bottom wedge forming in a consolidation since 2014 highs of $17+.
Price entering end of pattern.
Earnings on Feb. 4th.
Multiple gaps to fill up to $17.
10% increase in this ticker is less than $1 price increase. Good possibilities.
About Me
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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
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Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, MCD Bullish
Ford will continue to grow upAt the moment, Ford looks very bullish, focusing on electric vehicles, I think in the long run it will show good growth up, at least until the next report (5 feb. 2019)
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Forgot to update the forecast for Ford, I need motivation and feedback from you guys, a lot of people viewed the last forecast but few people agreed with him although he was completely correct, if you are interested in a more detailed fundamental analysis subscribe to my Russian-language YouTube channel Nakamura (channel/UCFjEDgByCftksVKr8nZoOZg) where I will try to do for you subtitles using Google translator. Thanks!
FORD - DAILY CHART
Hi, today we are going to talk about Ford Motor and its current landscape.
Ford is poised to receive increasing attention from the market as relevant events are taking place. The auto sector has signaled a yellow flag for the market as a confluence of data raises the inherent risk of the sector. The US Auto Loans Delinquent by 90 or More Days for the third quarter of 2019 edges a new record high of 4.71%; also the New York Fed survey of consumer credit has shown a spike in the rate of auto-loan rejections to 8.1% early this year, a discrepancy from 4.5% reported in the same period last year. A context that can represent an upcoming slowdown of sales on the sector and possible an increase in the risk of the company acquire bad debt. Ford Credit also has reportedly made loans for clients with FICO score lower than 600, which could imply in concerning days ahead.
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Look what we have here;)It was recently clear that Ford had patented the power plant for its F-150 electric pickup truck, with three modifications: with one electric motor, two electric motors, and four electric motors ... apparently the companies do not give ridicule to Ilon Mask from their F-150 at their presentation, presentation is scheduled for 2021.
Ford with a Fibonacci Entrancement and is a seasonal stockHighlighted boxes showing that Ford is a seasonal stock, probably due to the holidays and people's willingness to buy. There have been volume spikes most Decembers since 2000.
Fibonacci Numbers:
.618 - $11.71
.5 - $11.20
.382 - $11.71
Structural support at $9.00
RSI aiming up.
New strikes = bad newsDespite the fact that GM is expectin things to be back to normal in a few more weeks, the strike cost General Motors has already reached $2 billion in production and cost employees nearly $1 billion in wages.
One of the custimers said one vehicle was in the shop for 28 days waiting on one part to come in.
Quick reminder: United Automobile Workers (UAW) has called strike against General Motors on September 15. The union represents some 46,000 auto workers who are striking for “fundamental rights of working-class people of this nation,” according to UAW vice president, Terry Dittes. The decision to strike came after a meeting Sunday morning at GM’s Detroit headquarters where nearly all of the 175 local union leaders present voted to strike. The strike does not affect Ford or Fiat Chrysler, which extended contracts with workers before the meeting...
FORD - DAILY CHARTHi, today we are going to talk about Ford and its current landscape.
Ford makes a big step in the electric car market by debuting its new electric Mustang SUV, the company reinventing one of its classics muscle cars to defy Tesla dominance on the sector. The unveiling of this new Mustang "coincidentally" launches at the same period that the debut of the movie Ford v Ferrari on theaters that anachronistically celebrates the entrepreneur's spirit of Ford in its effort always to innovate and surpass benchmarks competitors, back then represented by Ferrari and now Tesla.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
Ford -Inverted H&S in play?It is still to be seen if larger structure in Ford will play out:
At the same time on smaller timeframe, NYSE:F may be in process of forming inverted H&S.
Yesterday's gap down on credit downgrade was bought rather nicely, and while sentiment on company still remains negative, it may actually push the price much higher.
In H&S trade, I would be looking to cross 9.65 with target @ ~10.5 (previous local high)
Ford - time to buy?Contrarian buy in NYSE:F looks relatively attractive. We continue to see some very nice MACD divergence on daily and price has already retraced by 50% of the move up in early 2019. Today's bullish engulfing candle (if formed) might indicate first sign that the bottom is in.
Trade is to buy at current levels, with stop at around 7.4$ and target of around 11.5-12$. Stop is likely to be moved higher, if more evidence is received that the bottom is in.