Fordmotorcompany
Is the Macro-trend on Ford ending or is this a healthy pullback?NYSE:F
Most DD is posted as text on my chart. Please refer to the chart for a detailed breakdown. This post is meant to purely intrigue those who may be on the fence with Ford. Todays daily candle closed as what I consider to be a Hanging Man. This is a Bearish reversal candlestick pattern that is yet to be confirmed. This reversal may be apart of the Marco or Mirco trend, only time will tell. If the reversion is part of the Micro trend, we may see a pullback to the high $15's again before another leg up. Again, only time will confirm this. I have visualized my thoughts in order to share my way of processing TA and information. Please feel free to open a discuss on the topic with me if you would like.
F (Daily) Fake out !? Elliott wave analysisOn daily chart as we can see we completed 5 wave quite clear count so next expected wave is correction.
Current wave pattern quite hard to recognize, and now it break counter trend line , But I don't think new up trend start yet, there are 3 reason
1 market is so bearish
2 price doesn't like started wave c
3 price doesn't go below wave 4
If that break is start of new up trend price NEED to BREAK 16.5 to confirm ext wave
Else if that is fake out wave b bull trap price can break 12.5 and drop to 10
F Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
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START BELIEVING AND GOOD LUCK
HADIMOZAYAN
FORD MOTOR COMPANY Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
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✅AutoNation delivered better than expected financial performance result for the fifth consecutive time in its Q2 2021 Earnings report.
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📈Technical Picture📈
The stock has experienced a rather meaningful 25% retracement from the $125 per share highs and is currently sitting in an oversold territory at a multi-year support area, which is favoring LONG positions. All of the indicators that we monitor are also turning up higher, signaling the building up of bullish momentum in the stock. The first major resistance that the stock will face and in our opinion will definitely break through is around the $125 area. Once the previous highs are broken then the stock will be easily heading higher towards the next round level of $150 per share.
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Dow Experts
Bullish on Ford $FDespite the global chip shortage & covid I am bullish on Ford:
1. They have already started poaching tech talent; their most recent hire ran major product projects at both Apple and Tesla
2. ^ While it can be said that basically all car manufacturers will have to pivot to electric to adapt in the changing marketplace, Ford has the brand recognition and loyalty to garner fans of their increasingly-growing electric line up
3. Any news on new tech hires or EV models will be a strong catalyst
Bear scenario: more news on covid numbers and chip shortage drives price to ~$10-11 range in near term
Bull scenario: price consolidates around high $11s/low $12s before continuing to march up
this is not financial advice, just an opinion