F trade ideas
Maybe Ford's chart suggests a shift toward EV?Big reversal in play here if we can close above 9.50. Looks like a matter of time for this one.
Other examples of reversal patterns like this...
Ford Technical AnalysisFord recently touched $12.15 which it hasn't seen since June 2018. I'm looking for a pull back in between $10.74 and $9.86. The gap up was closed at $10.88 and if F can break 12.15 from below we may see $15 by the end of the year.
F-LONGInvestment in the legend of the American automobile industry 1-3 years, above the trend line went to the upper channel, the formation of a double bottom on the higher timeframe! On the daily chart, we are in the overbought zone according to the psiI indicator, but why not take an investment, a company with a world name and history! Yes, Ford produces excellent cars, trucks, and of course electric cars, and the company is cheaper than the raging Tesla, history can not be erased! About Henry Ford....
F BUILT TOUGHThe fully electric F-150 seems to be a more popular choice for a pick-up to consumers. Plus the highly anticipated 2021 Ford Bronco will be released this year to consumers. We'll see in the coming days how the price plays in the $11 range. I think this stock is under valued. Also, perhaps they are holding out on dividends to secure cash and reach a certain stock price that is manageable to reopen dividend payouts.
Interesting to see which way it will go when it reports earnings early February!!
Broke through Long term resistance and out of Cup & Handle Ford has taken a beating the last few years, from EV's moving into the market and recessions, coronavirus, and recalls, Ford seemed destined to crash and burn. Ford has been moving into the EV market for alot longer than most people realize. In fact in 2019 Ford had the largest public charging network for their EV line with over 12,000 places to charge, with over 35,000 charge plugs. At the time, that was more than any other car manufacturer in North America. Whether investors are just kinda realizing that or just a delayed response, the last few weeks Ford has been making moves, smashing through 2 long term resistance points that were support from 2018 and beyond. This move has been impressive, and with the uptick in volume, I see this continuing. I believe we just broke out of a cup an handle formation and I am shooting for the resistance area between 17-20. Try and catch a dip.
Let me know what you think about this or post charts of anything you are looking at in the charts below. I'm here to learn more than anything. Thanks for reading.
Peace & Prosperity to Everbody
Ford earnings 2/4 at 4:05pm options trade ideaFord earning 2/4 at 4:05pm
Consensus: ($0.08)
Revenue: $33.30 Billion
Trade idea: In the money strangle calendar spread
buy 2/19 expiry $10 call = $100
buy 2/05 expiry $11 put = $67
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
www.tradingview.com
Ford: Buy signal on the daily chartFord motor company moves into buying territory with recent price movement. This isn't a signal for day traders, this is a signal for medium to long term traders. These trades can last for days to months.
$F - baking$F
I'm wondering if this really really long trend line needs some more time to bake… ?
“I’m not an expert but I have watched a lot of youtube videos.”
f
What is the short term target for Ford?IMO:11.50 (15% gain) in less than a month is the most probable scenario
Ford LongSuch a gorgeous chart here, really strong, r conv - blue arrows - plenty of future growth here from FORD A hidden gem.. Ssssshhh..
$F Ford at over bought levelspure strength play; overbought levels; look for some pull back on technical; not long term short
very close to breaking downtrend resistancenice chart here with some good news related to ev cars , could be one to add to the longterm portfolio or even get some calls on. entry over 10.5 stop loss 9, price target 13.3, and then 18 if the 13 resistance breaks. goodluck!
