Fordmotorcompany
SHLO SupportI haven't changed anything since the last time I published this chart. I just want you to see.... SHLO is NOW creating a support at 1.30 on the daily chart. You can see on the 4H chart the EMA is starting to curve bullish. Right now would be a great time to get in again before the next pump up. This stock in particular moves a lot like auto makers aka Ford (F) which has also been falling the past few days. It still has room to rise though.
F - Fake Breakout & GREAT Buy Opportunity, IF ... !!Hello! Friends,
This would be a great Buy Opportunity, IF NYSE:F breaks up the Resistance line at 5.52 !!
Bullish Bat if Happens - Future Investment**1ST THING I CAN'T PROPERLY ALIGN THE FIBS, PRICE POINTS WILL DIFFER THOUGH IDEA REMAINS SAME.
Now based on Fibs as per my drawing & Bat Pattern:-
X2A fR gives B= 0.50 & D @ 0.886 = $3.07
B2C fR gives D @ 1.618 = $3.08
So go long at $3.07 based on trading though I dont trade weekly or monthly due to amount of drawdown if things go wrong..
But if we clone the dark blue AB = CD (where CD dark blue is only part of the bigger CD leg og BAT) :
Price should fall upto (CD dark blue ) = $0.90
B2A dark blue fR gives 1.414 = $1.23
Between $0.90 & $1.23 are the areas where there has been S+R in 1974 & 1984.
Basically it serves the pupose of investment but if the 2nd scenario happens then trading as its then penny stocks arena.
FORD Analysis NYSE:F have recently broken above the red rectangle area , If it closes above the green rectangle area (Considerably Above 6.3 ) in an upcoming day with bullish strength , it would be likely to continue up to the blue coloured area around the 8 and the thick black resistance .
I think as long as it doesn't close considerably above the green rectangle area (Above the 6.3) it wouldn't be wise to buy .
Here's the weekly chart for the bigger picture :
Built Ford Tough. (F)Today I would like to cover Ford motor company.
Support and Resistance is represented in green and red levels.
We have had a nice rebound off an upward support level that has fired green consistently.
We want to use 5.70 as a key Resistance level to play as an edge for a long or a short.
If we failed to breach up here we could see an at least 10% correction off Resistance for another shot at support.
We have higher lows in an ascending wedge formation. (Bullish Pattern)
*Patterns can switch up and not always mean a guaranteed bull or bear move.
The main purpose of the pattern is to help us identify the key breakout areas.
I will play 5.70 with aggression on a 1% -2% flips long and shorts on this edge.
Beautiful clean chart setup.
FORD ($F): Press "F" For Ford?✨ Drop a comment asking for an update, we do NEW setups every day! ✨
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Ford is gradually restarting as America gets back to work, we even have another stimulus in the works that could generally help business. Still, this chart is giving us a nice short setup given the recent bearish trend and consolidating price action. All it will take is a bit of bad news, for example workers coming back to work and getting sick (just look at the issues the meat packing industry has been having), to send us back down to the bottom of the pennant. So let's look at a short setup.
Resource: www.cnn.com + www.forbes.com
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1. Fractal Trend has been showing a downtrend (Maroon bar color) on the 1 hour timeframe as Ford consolidates after the COVID crash.
2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon line color) and/or bearish S/R levels plotted by Directional Bias (Maroon line color).
3. Right now we are looking for a short entry off of R1 with a target of S1. Not only do we have orderblock and S/R levels to target, we also have the top and bottom trendiness of the large pennant that has been forming.
4. We will exit the position if our stop loss is hit or if Fractal Trend changes color, otherwise we will be looking for a test of S1 to close our position in profit.
Good luck family!
Ford Motor Company (F) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Ford is going for all time lows and the level tested in 2008The ford motor company has formed an bearish rising wedge with heavy volume activity in red.
keeping in context the condition of Pre COVID-19 condition of ford which were on track of improvement and already facing problems in keeping up with profit margins. quit obviously the demand in future is going to go down any financial stimulus will keep the company floating but will not contribute to the sales.
Worst case scenario F is going to test 0.98.
FORD MTR CO ( F) Monthly, Weekly & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
Ford (F) possibly going to $2.80Ford seems to be finishing up a wave 4 triangle pattern and forming smaller wave 1 and 2 with possible short price target of $2.80.
Ford ($F) Symmetrical Triangle Bullish, Insider Buying. As you can see, a nice bullish symmetrical triangle has formed on the chart recently, and you can also see some double bottom patterns before and recently it bounced off the double bottom. This was due also because of the catalyst of Ford beginning their production again once more. One very interesting thing, however, is that the COO(Chief Operating Officer) actually spent his entire salary worth millions of dollars into buying Ford at 5.01 dollars a share. Knowing these patterns, as well as the insider buying, this was a easy buy especially at that double bottom. The symmetrical triangle also shows more promise on the long term and by the end of next week I suspect that it will atleast be over 5.5 dollars a share if not more and you can see today it already shot up by around 7 precent.
Ford Technical Analysis - Stand Aside I would go Short only based on Technical Analysis that shows a Symmetric Triangle - Continuation Pattern of a Bearish Market. In fact it would lead to a potential target level of 3.50$
Fundamental Analysis supports the Bearish Market:
Second quarter loss could exceed 5 Billion $ with a lost of 0.5$ per share.
Some Analyst are expecting a rise in the stocks up to 6.00$, This is the reason why the wisest option is to hold.
F (FORD) needing to prove more .Before one considers buying NYSE:F , I think this stock still has things to prove . I believe a considerable break of the green line/resistance at least , is necessary If we are to hope for it going up .I also think closing considerably above the black line/resistance will be even better and confirm that it will be heading towards the 8.5-8.85 area .
wedge & divergence60min. chart- I suspect this divergence to push price down once again. Look for price to break hard out of this pattern (up or down). a great 5-7 year winner in my opinion.
Ford (F) may be going lower, but I don't careFord may be going lower considering sales will likely decrease due to COVID-19, jobs will take time to reestablish and the economy to slowly recover. What is intriguing about Ford to me is:
1. It is a 116 year old company which means it has been through every financial crisis since 1903 and is still here to talk about it
2. One of the top ten companies with the largest cash piles, roughly 22 bln.
3. to be able to own a company at the current price or below is ridiculous IMHO
4. Theoretically has the ability to enter new markets should sour gapes still hit the fan
Ford ready to retest the support again?stochastic RSI is getting over bought and 5 dojis! so much uncertainty specially at last day of options for this week. all increase possibility for down. bet on put options for next week. might be a good bet :)
1$ to the shareholdersDouble Bottom
Neckline Entry to consider when price goes down because me that is the second push to the upside.
Ford 15% up easily if they get some government supportFord seems has passed the 1st wave of shock and things are getting stable. It Can easily go to $5- $5.10 if there be some supporting news from CEO or government. And since it is a mother industry, its more likely that government will help them to make less job loses. tomorrow morning if the market be stable I will buy and then sell it same day at noon or tomorrow Friday.
Fordford has lost the falling channel and has gapped down. R/R seem really good for shorts here.. Ford could be heading to penny status
Bottom reached for Ford?Waiting for a confirmation pattern.
If confirmation:
TP1: 7.13
TP2: 7.56
TP3: 8.16
SL: 6.08$
FORD LONG SET UPBUY F (Ford) OPTIONS or $1.00 lot mt4
entry 1 $6.68
sl 4.00
TP.1 $8.00
TP.2 $9.00
TP.3 $10.00
