Updating my recent analysis, Simple Strategy says that Ford is now a buy. The MACD is above the signal and above 0, the top BB is pointed up, and the RSI is above 70. Of course, all that said, today is earnings day, so if they miss the mark there, all of the technical analysis is for naught.
I am long F, and I am not a financial advisor. Just a smooth brain ape...
If you follow Heitkoetter's Simple Strategy, Ford is nearing a buy opportunity. The upper Bollinger band points up, and the MACD has crossed the signal and is about to move positive. Barely. That said, the RSI is low, sitting in the mid 50s.
The MACD is ONLY BARELY past the signal, and the RSI is low. If you already have Ford stock (and I have for over a decade),...
I am long on Ford, and I just like the stock. I've held F since the early 2000's, so... take this with a grain of salt.
If you follows Markus Heitkoetter's Simple Strategy, the charts say don't buy yet, but get ready. I expect the MACD and Signal MACD to cross in the near future.
I see others posting about the DOGE:USD bullish pennant, but I don't think that is what we are looking at here. I see the pennant, but my MACD indicates that we should be selling, not buying. I think when we break out, it is headed down. I am targeting 0.025-0.020. Probably closer to 0.020.
I do not hold DOGE, but I have friends who do.
While I have yet to see any REAL evidence that Reddit is pushing silver up, the fact of the matter is that SOMEONE is. Looking at the trends (and obviously, I am a smooth-brained idiot, so this is not stock advice) I would say that it probably makes only a small measure of sense to enter a position right now, but you will need to be ready to take profit and close...
