FORD
More af-FORD-able?Ford - Short Term - We look to Buy at 12.42 (stop at 11.47)
Broken out of the channel formation to the upside. Price action looks to be forming a bottom. A higher correction is expected. Expect trading to remain mixed and volatile.
Our profit targets will be 14.45 and 16.00
Resistance: 13.28 / 13.96 / 14.46
Support: 12.42 / 11.78 / 10.61
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$F Analysis, Key Levels, and Targets$F Analysis, Key Levels, and Targets
200 Weekly MA… what do y’all think? Buy… or wish you bought 😬
I know... it's cheap, and that doesn't mean it cant get cheaper.... but I like this level... I'm buying on tuesday... 💃🏻
I smoke way too much weed on 3 day weekends...
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
LONG $F , SHORT $TSLAAlthough I am a huge fan of Tesla and believe they are way ahead of the competition, I think they are in for a pretty major correction. Best case $540, more realistically around $350 IMO. Especially if we head into a recession, which it looks like we might. In the meantime, I think Ford looks pretty cheap around here and will gain some significant market share.
-TSLA currently at 95 P/E ratio
-Ford at ~4.7 P/E
Ford - A good spot for a swing trade Long?Looking at the Ford weekly chart, share price has fallen hard since Jan. of this year with no relief pull-back. Well over 50% from the low in March 2020. Is it at a good level now for that pull-back to happen?
Notice a possible head and shoulder formation brewing in the works. Price is at the 200ema on the weekly and at the .618 fib level. The .618 fib level is at a point of support also. Stoch RSI has been under 20 since early Feb. Maybe a good time to pick up a few shares for the longer term investor. Or possibly a nice swing trade long.
It'll be interesting if price just destroys this zone or reacts to it.
Ford - Similar Indicator Situations Similar scenario right now to the area first in yellow
Price has dipped similarly to the 100MA
This touch on the 100MA on this Weekly timeframe will be bullish and lead to continuation above the major trend line
Major point is the initial and latter scenario are very similar
Bullish
Dark Pool Buy Zones™Some traders try to watch Level 2 data to discern when the large-lot orders come through to get an idea of when the big institutions are accumulating in the Dark Pools, but you really don’t need that. Plus, whether that’s accurate is questionable since Dark Pool transactions are reported way after they were transacted.
“Dark Pool buy zones” is a term I coined because Dark Pools use precise controlled orders that trigger automatically over extended periods of time. Since the Buy Side Institutions using the Dark Pools are primarily buying for the long term, price can sometimes drop down before moving up, creating a range in the price action, what I call “the buy zone.”
When you learn to recognize the Dark Pool Candlestick and Indicator Patterns, you can be ready for the bottom to develop and look for Dark Pool accumulation patterns to plan your trading.
Below is an example. Ford is still falling, but the Dark Pool buy zone support is close. I’ll be waiting to see how the bottom develops around that level before making my decision to trade.
Happy TechniTrading!
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EV's Costs SkyrocketingZinc, Cobalt, Palladium, and Lithium are raw materials that go into batteries. The prices of these raw materials have skyrocketed. This means that electric vehicle producers that need these materials to make their batteries are about to see price increases for their products. Electric car makers like Tesla and Rivian will be forced to pass these prices onto consumers. Expect inflation across the supply chain.
Ford's Stock continues drive north In this key trend.Ford reversed into an uptrend on April 7, following a 43.72% decline that brought the stock down from its Jan. 13 high of $25.87 to a low of $14.56. Ford confirmed the uptrend on April 13, when the stock printed a higher low at the $15.22 level.
If Ford closes the trading day near its high-of-day price, the stock will print a bullish engulfing candlestick on the daily chart, which could indicate higher prices will come again on Tuesday. Bullish traders would like to see Ford close the trading day above the most recent high of $15.77, which will cause the stock to print a higher high to confirm the uptrend is still in play.
Ford has a gap above on its chart between $18.59 and $19.87. Gaps on charts fill about 90% of the time, which makes it likely Ford will trade up to fill the empty range in the future.
Bullish traders will want to see Ford rise up above the 200-day simple moving average (SMA), which is trending near the $17 level, in short order because on Friday the 50-day SMA crossed below the 200-day, which caused a death cross to occur. If Ford can rise up above the 200-day quickly, it will cause a golden cross, which would give bullish traders more confidence going forward.
Ford has resistance above at $16.45 and $17.02 and support below at $15.51 and $14.34.
Is It Time to Look at Electric Vehicle Stocks?Way back in ancient market history; 2020 and 2021, there was a great clamoring for the latest and greatest prospect of human technological achievement... Electric Vehicle companies! Billions of retail dollars were thrown in a frenzy into speculative bets about "the future of travel". Well, we come to today and investors are relatively quiet compared to the old days. Why is that? Why are investors less enthusiastic about this future growth prospect now, at cheaper price, than they were at much higher valuations? That has everything to do with market psychology and in this video I take a moment to talk about that because I want traders and investors to start THINKING DIFFERENTLY when it comes to these opportunities. There are also some EV stock opportunities happening now in Tesla NASDAQ:TSLA , NIO NYSE:NIO , and Ford NYSE:F that I want my followers to be aware of.
Forward Industries at full steam ahead. FORDShort term outlook only. NFA. Do your own work.
Goals 1.80, 1.93, 2.04. Invalidation at 1.41.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Ford - Similar Indicator Situations Using these different places in time, yet similar structural features using this indicator, conclusions can be drawn about how price will progress on this Monthly timeframe
It looks bullish, hard/impossible enter into a trade on this timeframe, I am just demonstrating an indicator