FORD MTR CO DELShort
Not the heroic Ford in Ford v. Ferrari (but it could be)
Ford is now entering a bearish pennant pattern on the daily chart. Bearish pennants are TERRIBLE at predicting movement (50-58% correct historically).
HOWEVER, the stock is STILL distributing despite these increases above the $5 mark. There is some underlying weakness in the stock.
I am not trading this, but I expect this to drop in the next few weeks below $4. At some point, this may be a good stock to keep around for a while. We'll see when we get there.
HOWEVER, the stock is STILL distributing despite these increases above the $5 mark. There is some underlying weakness in the stock.
I am not trading this, but I expect this to drop in the next few weeks below $4. At some point, this may be a good stock to keep around for a while. We'll see when we get there.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.