Ford wave 5 Looks like Wave 5 has begun and is close to ending at this point with an expanding ending diagonal. Not much room for me to be bullish at this time until after the correction for this impulse.
F trade ideas
Ford MTR $FHolding above $6.91 will strength the $F. I would get in above $6.91
12 months Consensus Price Target: $7.76
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$f Ford is Robinhoods new BFFLocal Fibonacci Golden pocket at $7.00 has held as resistance.
Possible trade opportunity to the major Fib GP at $7.50.
One of the most active stocks on Robinhood, thus the volume improvement.
#F Ford. Motor Company.Just waiting for the price to fall lower #F Ford. Motor Company —$ 6.67 — Upcoming Earnings Jul 30. 1D™. Just waiting for the price to fall lower (RSI Stochastic is on high) + Yesterday, price hit fibonacci level 0.5(6.91) -- some correction is therefore expected.
another great chartno position yet, and i dont like the options volume on it.. but ill grab some shares over 7, maybe like 500?
FFord Motor Company (F) showed some strength after a pattern breakout before getting rejected around the 200MA and tumbling back down. With strong support around $5.80, it appears to be surging back upwards to possibly test the 200MA again. However, with the RSI climbing as well, it may repeat itself after filling the gap upwards and getting rejected again.
Ford Bullishchanged my count up to something that made more sense. Looking for a smaller correction now until we get 5 waves.
Ford may be a Long HoldI have been bullish on Ford for weeks now and keep saying it is underrated. This is because of obvious technical reasons when looking at the fair market value of Ford vs. the market cap. Now you have the Broncos release, e-mustang, and many other things that should basically push Ford to new highs for the year in stock price. That being said, everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence.
Ford making me change my mindFord with a nice impulse it appears. Guessing we will have a correction soon for this wave.
GoNoGo Charts: which way for Ford?This is a 4hr GoNoGo Chart of Ford’s equity price. As we can see, it is in a “NoGo” trend since 6/23, as depicted by the purple and pink NoGo bars.
On a recent surge, the GoNoGo Oscillator is testing zero from below, and it did make a foray into positive territory a few bars ago.
There is also a clustering of support and resistance from prior price action around this level.
We’ll need to see the GoNoGo Oscillator significantly break back above zero if we are to see price challenge the trend that it is in and climb above resistance.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
WHERE ARE YOU GOING FORD? Ford chart is showing spinning top candle sticks which is indecisive.
The relative strength is mid as of today confirming we are indecisive in our direction.
Ford has the new Bronco and ER this July 2020 will these events call the bulls?
