福特汽车公司看空
Not the heroic Ford in Ford v. Ferrari (but it could be)
Ford is now entering a bearish pennant pattern on the daily chart. Bearish pennants are TERRIBLE at predicting movement (50-58% correct historically).
HOWEVER, the stock is STILL distributing despite these increases above the $5 mark. There is some underlying weakness in the stock.
I am not trading this, but I expect this to drop in the next few weeks below $4. At some point, this may be a good stock to keep around for a while. We'll see when we get there.
HOWEVER, the stock is STILL distributing despite these increases above the $5 mark. There is some underlying weakness in the stock.
I am not trading this, but I expect this to drop in the next few weeks below $4. At some point, this may be a good stock to keep around for a while. We'll see when we get there.
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