cmharkey

Ford Short Opportunity

Short
BATS:F   FORD MTR CO DEL
Ford running out of steam on this current push.
Potential for quick short down to $15.57 area.

Entry = $16.25
Exit = $15.57
Stop/Loss = $16.56
Gain of $0.68 per share.

MACD tight on spread, potential to cross soon.
RSI and UO have NOT confirmed divergence, yet.

No confirmation in signals yet.
No volume either.

Wait until confirmed down trend.
If breaks current trend line (dark blue) AND has large volume, then buy
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.