Ford about to drive off a cliff?

20 Eki 2022

Much like many other stocks on the broader stock market we see some large bearish patterns just looming over the heads of investors. There is no certainty most of these will play out, we all know th FED and pivot any moment and that will cause a large squeeze in the market. However, in the meantime we see what looks to be a large Head & Shoulders on Ford that is sitting on the edge. If the patterns plays out we could see prices as low as $5 in the longer term or below $9 in the short term. Will be monitoring this one closely.