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3 White Soldiers Advance
FORD MTR CO DEL
Long
3 White Soldiers Advance
By bluedog360
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May 30, 2022
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May 30, 2022
3 white soldiers is one of the most textbook bullish patterns in Japanese Candlestick Charting Techniques (Nison, S., 1991)
We see 3 consecutive bullish candles with small or no wicks on the daily timeframe, accompanied by growing volume each day.
Ford has just begun shipping their electric F150. The Ford 150 is America's best selling vehicle for 40 years running (as of 2021).
While we may see some pullback to the $12-13 level, I expect this is the start of a significant bullish trend for Ford Motor Company.
Beyond Technical Analysis
Candlestick Analysis
Growth
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