Ford of the EDGE of a Breakout!

4 Oca 2022

F

Ford is on the cusp of a breakout to the upside IMO:

Sitting above its:

(3day Chart)
20/50/100/200 MA
12/26 EMA

(3day Chart)
MACD strengthening the last 2 trading days (was about to flip but did not)

Currently breakout out of its wedge for the past 1.5 months

Recent consolidation in the 119-20 has been broken

Ford yesterday (1/3/22) reached price levels that it has not seen in 20 years!

ALL NEWS IS POSITIVE on Ford -with the exception of overall car sales not rebounding to expectations in 2021


Ford has reissued dividends

Insider buying > selling

Ford bumping up production of the fully EV F-150 Lightning
seekingalpha.com/news/3784823-ford-to-pump-up-production-of-electric-f-150-to-150k-units-annually?utm_source=webull.com&utm_medium=referral?theme=0&color=2