I like Ford but I don't really like it-yet. Longer term, yes. It's been in a major decline since 2013 with volume trending upward (top indicator). Historically, this has been good. Watch for divergence in volume/price that could create a substantial drop prior to such a big run. Possible harmonic xabcd gartley(ish) pattern in there? Ford at sub 6 sounds too good to be true. Even Warren Buffett couldn't say no to Ford at sub 6! This one's on my longer term radar.
*Renko blocks are not 'playable' in tradingview published ideas. I will plan to come back and update this post with screenshots of the progression and what I think might happen.
*also, the date projection at the bottom should be ignored with renko since the blocks do not print until price moves. There's no way to forecast where price will be at a given time
*Renko blocks are not 'playable' in tradingview published ideas. I will plan to come back and update this post with screenshots of the progression and what I think might happen.
*also, the date projection at the bottom should be ignored with renko since the blocks do not print until price moves. There's no way to forecast where price will be at a given time
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I'm pretty sure Ford's stock never moves. I come back once a month to take a peek...and lookie there... nope. Not much happening. One day, one day..
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really starting to like more
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sub 6. Looks like a good long term buy in Ford to me:
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Mmmmhhhm tater time.