Reason #1 F (Ford Motor Co.) is backtesting this weekly downtrend line, which is likely to act as support. F weekly Jan 26th Reason #2: Ford has fallen to support on the daily time frame while oversold for the first time since the Aug '17 divergent low, just before it rallied 29% to [...]
One of the sectors that I'm closing monitoring for a potentially lucrative swing shorting opp are the major automakers. U.S auto manufacturers collectively reported lower U.S. sales in December, with total sales for 2017 falling shy of the record set in 2016 and representing the first annual decline since the financial crisis eight years ago. [...]
Fundamental & technical analysis on a few key sectors including the automakers, biotechnology, semiconductors, technology as well as the volatility indexes. The following stocks & sector ETFs are covered in this order: F, GM, TSLA, TM, XBI, IBB, PBE, SMH, XSD, SOXX, XLK, TECS, $VIX & $VXN.
F daily Feb 3rd The F (Ford Motor Co) short trade has hit the profit target for a 13.3% gain. Consider booking full profits as this was the sole profit target & the R/R to remain short is no longer very favorable at this point. Click here for the live chart of F [...]
F (Ford Motor Co) daily F (Ford Motor Corp) is offering another objective short entry or add-on with this bounce back to the former first support (now resistance) level. F was added as an Active Short Trade at 16.64 on Dec 3rd with a profit target of 14.42 but also mentioning the S2 [...]
F (Ford Motor Co) could be shorted here following the recent breakdown below the bearish rising wedge pattern and will be added as an Active Short Trade. As prices currently sit just above support around the 16.55 area, one could also wait for a solid break below that level before initiating or adding to a [...]
I was asked my thoughts on F and as this is a widely held/followed stock, I figures that I'd share the chart for anyone interested. I show F in a large bearish rising wedge pattern with two possible upper trendlines. The solid line represents the top a more typical shaped wedge pattern whereby prices recently [...]