Oasis in the desert Market is about to correct (that's my guess), but check out this stock. I think is very close to a major break out. I have a large position here, not sure if it's going to do it soon but I'll wait patiently.
4F trade ideas
F - Falling Trend Channel [MID -TERM]🔹Breakout the ceiling of falling trend channel in the medium long term.
🔹POSITIVE signal from Rectangle Formation at resistance 14.03 breakout: Next resistance at 17.97.
🔹Breaks through resistance at 14.40.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
FOnce we retest the level of 15.04, I expect the price to rise again to new levels
15.16
15.70
The fluctuation is at the strong resistance at 15.83, to find the price rising to the next level, which is 16.11.
F TO 15 (+30%)There is a high probability for the FORD price to go up to 15 which means profit +30%.
STOPLOSS 11.
Great setup on $F fordFord triggered an entry for a wonderful setup.
Green lines are targets, red is the stop.
I"m long on Ford!
Using Heikin Ashi Candles to Exploit the BIG REVERSAL on $FAs you can see, on NYSE:F there is a large area of supply on the daily timeframe from 14.72-15.00. The blue dotted line at 14.55 is a point of control. I have started a small position short on NYSE:F 1-2 months out. Notice the 1 and 4 hour Heikin Ashi candles already showing the start of a bearish trend. I'd like for the daily candles to confirm the bearish trend before adding to this position. Let it dump, I never liked Ford vehicles anyway!
Ford/TSLA breakout. Healthy Pullback before moves higher Ford has been riding a falling triangle for over 6 months. multiple head/shoulders patterns occurred inside that triangle, always pulling back to 11$ support and bouncing off downward trend line. When TSLA announced it would be opening its chargers to everyone, I knew due to Ford's patented charging cable for its F150 lightning and their announcement of over-air software updates that some kind of partnership was in the works. After fords breakout from the Triangle we have seen significant upward momentum, backed up by volume. However, Ford will have a hard time breaking above 15 mostly due to technicals. Given all the information we know about their partnership with TSLA, their plans to streamline their production and build a factory, we can reasonably assume Ford will have some sideways movement until next earnings report. Ford also had a mighty short covering rally. I believe it it may become subject to another short term short until earnings report for 3rd quarter. Their is a gap on ford around 18$ from a year or so ago, by the end of year, after the last 2 earnings reports, ford will be closing that gap and on its way to becoming a wonderful value stock and dividend yielder.
Ford at institutional resistanceBased on historical chart and looking at where banks and big money are sitting, I'm looking to enter short. NYSE:F has followed NASDAQ:TSLA , and even partnered with them on charger usage, and this $14.50 zone is respected on the monthly and weekly timeframe.
Ford falling wedge breakout!NYSE:F has broken out of a falling wedge that its been in since Jan '22. The first technical target is $18.20, the second take profit is at the top of the wedge at $20
Ford to find support at previous support?Ford - 30d expiry - We look to Buy at 12.22 (stop at 11.52)
Previous support located at 12.20.
Expect trading to remain mixed and volatile.
A higher correction is expected.
We look to buy dips.
The medium term bias is neutral.
Our profit targets will be 13.87 and 14.17
Resistance: 14.17 / 14.60 / 15.00
Support: 13.60 / 13.30 / 13.00
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Ford - Up 25% since May?Ford's stock price moved up from the discount zone to the 25% level. Can it move up to the next key level or even move up to the price gap? Is the Ford stock price moving due to the agreement with Tesla to share charging stations?
$F - Textbook Descending Triangle Pattern - UpdateYou gotta love it. Weak hands being squeezed away from this market throughout the last year. Volatility steadily diminishing until it was longer there for the past 2 months.
This week, we've witnessed a proud bullish candle erupting out of the stillness implanted in this market and breaking out a completed descending triangle pattern.
Take profit in the highlighted supply area. Stop loss below the key EMAs with sufficient buffer for the trade to develop. Position size wise, risk no more than 1% of trading capital in any given trade as a rule of thumb.
Cheers,
Tenacious Tribe - Backtested, Quantified Trading Strategies
Ford Setting Up For PullbackI think Ford has gotten a bit over extended and thus we will be looking for a pullback. The .382 Fib level corresponds well with a gap and so this will be the first logical target. Not financial advice, DYOR.
Ford Headed for a Double-TopFord recently exited a triangle at the top, and its 2x measured target lines up exactly with its previously weekly high.
It could move slightly lower than that high instead, stopping at the bottom of the blue box at its 1.5x measured target.
Long until it reaches its 1.5 or 2x measured move, then short.
FORD READY TO CONFIRM BREAKOUTFord has broken out, and retested support of this well developed falling wedge. Institutions are rotating into value and small cap and holding in mid caps. I see no sign to sell until at least the top of the wedge at $16.45.
Momentum, volume and relative strength are all also positive.
Ford: Fake Out, heading to $6-8Ford with the fake breakout on the heels of the TSLA deal. Likely heading to the $6-8 region by late 2023-early 2024, then I will buy in that region for the move up to new ATHs.
Ford Motor Company (F) - Multi Pattern AnalysisCompany: Ford Motor Company
Ticker: F
Exchange: NYSE
Sector: Consumer Discretionary
Introduction:
Today's technical analysis takes a look at Ford Motor Company (F), a prominent player in the Consumer Discretionary sector, listed on the NYSE. A complex formation is unfolding on the weekly chart where a long-term Head and Shoulders pattern encounters a shorter-term Descending Triangle. This unusual setup, featuring a recent breakaway gap, may suggest a bullish trend reversal.
Head and Shoulders & Descending Triangle Pattern:
A Head and Shoulders pattern typically signals a trend reversal from bullish to bearish, while a Descending Triangle is usually seen as a bearish continuation pattern. However, in this unique scenario, the right shoulder of the Head and Shoulders pattern, which is longer than the left, has morphed into a Descending Triangle, creating a complex setup.
Analysis:
Ford's chart shows a clear Head and Shoulders pattern, with the Descending Triangle making up the right shoulder. The triangle has five touch points on the upper boundary and three on the lower. The support of the descending triangle coincides with the support of the head and shoulders.
We've noticed a breakaway gap which indicates a bullish breakout from the descending triangle. Currently, the price appears to be attempting a break above the 200 EMA. If we witness a weekly candlestick close above the 200 EMA, we could interpret this as a transition into a bullish environment, presenting a potential long position entry.
The price target is set at $18.65, representing an approximately 49% rise from the breakout level. Notably, a minor resistance might be encountered at $16.69. A breakout above this level could also signify a failure of the Head and Shoulders pattern, warranting a recalculation of the price target.
Conclusion:
Ford's weekly chart offers an intriguing setup for classical price pattern traders. The unusual combination of a Head and Shoulders pattern and a Descending Triangle, alongside a recent breakaway gap, might indicate a potential bullish reversal.
This analysis should form part of a comprehensive market research and risk management strategy. Please remember, this is not financial advice, and investing always involves risk.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading!
Best regards,
Karim Subhieh
F: "F" represents a "F"alling wedge patternA price action above 11.50 supports a bullish trend direction.
Increase such exposure for a break above 12.50.
The target price is set at 13.00 (the objective of the falling wedge pattern).
The stop-loss price is set at 11.50.
Remains a risky trade.
F,10d+/15.42%rising cycle 15.42% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
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Ford consolidationFord consolidation is at consolidation phase, it might break the resistance and move upward
