Ford is breaking out! I bought some $13 Calls a week or two ago for .07 a contract and am currently up over 600%.
On this weekly chart you can see the breakout from a long bear trend. I am experimenting with the harmonics so let me know where I messed up, but I'm think I'm pretty close and that this is a valid projection. My target for Ford is $21.90 by August 2024 lol.
On the 4hr you can see the gap that I think will fill as we back test support. If this happens I will look to add to my current position and open some new positions with a longer expiry.
I am LONG Ford! Owhoooo!
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I adjusted the green fib levels to be more precise. Target is $21.73 by 2024.
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Trying to fill the gap!
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It missed by 2 pennies lol.
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Looks like a falling wedge on the 4hr.
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Owhooooo!
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I think we are on track and will see the trend continue to the upside as it looks like a confirmed breakout of a falling wedge after consolidation. A back test around the green support box would be perfectly normal to me. The measured move (yellow dottted line) tells me a good estimate of the time frame and price target. I think this is part of a larger, multi-year uptrend for Ford that has just begun!
Owhooooo!
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Ford is right on schedule! Owhooooo!
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On this daily chart it looks like Ford is breaking out of a bullish pennant! Owhoooo! The target is north of $17.
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My target is $17.01 for this breakout! Owhooooo!
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I wanted to revisit this chart that I published about a year ago. I have been long this whole time. I am now short Ford for the time being!
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.