Ford's cycle analysis seems to indicate a peak for the near term (Earnings is a wild card here). Its also hitting up against 78.6% short term Fib levels at $13.86. With Ford cutting its prices on Mach-E will out pressure on revenue and Ford would have to increase its sale (hopefully due to demand from reduced prices).
As cycles indicate a peaking and with ER around the corner, I am out of this position for now. ER could be the deciding factor to see if Ford still remains within the cyclic channels or if the cycles need to shift.
Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
As cycles indicate a peaking and with ER around the corner, I am out of this position for now. ER could be the deciding factor to see if Ford still remains within the cyclic channels or if the cycles need to shift.
Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.