FORD MTR CO DELUpdated F Bullish Flag after High
Possible F LEAPS play.
- High at 16.58 creating a large bullish flag
- Smaller descending bullish flag, 14.44 support bounce
- Another descending bullish flag after 15.69 resistance rejection
If it bounces 14.87, it may be able to fly. If not, possibly bounce off 14.44. If it breaks through that support, it will fall at least to 13.6.
Considerations:
Ford Lighting EV news
Chip Shortage
Production factory shut down
Good first half earnings
F LEAPS play.- High at 16.58 creating a large bullish flag
- Smaller descending bullish flag, 14.44 support bounce
- Another descending bullish flag after 15.69 resistance rejection
If it bounces 14.87, it may be able to fly. If not, possibly bounce off 14.44. If it breaks through that support, it will fall at least to 13.6.
Considerations:
Ford Lighting EV news
Chip Shortage
Production factory shut down
Good first half earnings
Order cancelled
Rough draft.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.