Ford with the fake breakout on the heels of the TSLA deal. Likely heading to the $6-8 region by late 2023-early 2024, then I will buy in that region for the move up to new ATHs.
Comment:
Holding up better than I would have expected so far, but primary thesis is still unchanged.
Comment:
Looks like it is safe to say that I was mistaken on this one. I believe the small cap rally in general has steam left, from which Ford should be a beneficiary. However, my bias is still that Ford will ultimately head to single-digits at some point as the fundamental outlook is not very good at all.