Ford two Major Support Levels
Greetings everyone,
let us take a look at the daily chart of Ford, which is currently in correction, after it misses Q4 results and, also, this week seems that a couple of production lines might be idling, due to chip shortage.
Per my opinion - and by the gods DO your own research, as this idea is clearly for entertaining, educational, and informative reasons, only, and it is not financial advice and I can't be held responsible for any loss or profits!
The first major support might be around $16,50, as it can hold the pressure and renounce to test EMA(20), or around $13 to renounce and test the previous level (of $16,50)
Risky right now, as the direction I not clear, but I am confident for those two levels...
Keep safe, keep real
please like/share/comment
Thank you
let us take a look at the daily chart of Ford, which is currently in correction, after it misses Q4 results and, also, this week seems that a couple of production lines might be idling, due to chip shortage.
Per my opinion - and by the gods DO your own research, as this idea is clearly for entertaining, educational, and informative reasons, only, and it is not financial advice and I can't be held responsible for any loss or profits!
The first major support might be around $16,50, as it can hold the pressure and renounce to test EMA(20), or around $13 to renounce and test the previous level (of $16,50)
Risky right now, as the direction I not clear, but I am confident for those two levels...
Keep safe, keep real
please like/share/comment
Thank you
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