Ford taking off.

2022年1月4日

F has been my most convincing play as of late. Today we are seeing it take off yet again and if you look at the daily chart you can see how the past few weeks it has been trading sideways. Today we finally broke resistance and have a huge green candle. Look at the perfect train tracks as well on the sma lines. RSI is overbought while the MACD is just widening green. Do not be surprised to see f hit 25 or higher. We could see this go up higher heading into earnings, or we can see it consolidate for a bit like we have seen in the past and then move up. Ford has been doing everything right while changing their company into EVs and they announced that they will double production for their electric F150 and Mustang Mach e. Ford might not beat Tesla to be the number 1 but they will certainly be number 2 and give tesla a run for their money. Price target 50 dollars