$F finally making it's run.

Hello Traders,

I notice the potential gap-up back at around Nov 20th, and it looks like the volume finally started coming in. I know it's not a flashy name, but if Ford can break above 21.45ish, we could see a significant additional run. About 3 more points.

Good luck.

Cheers,
Mike

Comment:

More notes: after $F had failed to gap-up around the 20-24th, it hit it's head again 2 more times, Dec 1st and 3rd. Finally today it broke through that resistance and ran 1.88pts. If with this momentum and volume, it pushes through that $21.45 resistance, it should run up or gap to close to $24.50.
New support formed around $20.40.

Comment:

Still hasn't broke the $21.45 resistance. Less than 1pt away. Keeps bumping it's head on 21.

Comment:

And there she goes!

Trade closed: target reached:

Target estimate was reached.