Ford Stock Analysis : A Long-Term Perspective

מעודכן
In our exploration of the stock market, we don't limit our analysis to just short-term charts; we delve into the longer horizon as well.

תמונת-בזק
Ford has particularly caught our attention. Our initial entry into Ford was at $10.30, a point which, upon reviewing the broader picture, appears to have been very close to the bottom—hopefully, the lowest point it will maintain. Any movement below this could potentially signal a fall towards the $4 mark, akin to the levels seen during the pandemic.

Assuming we've indeed hit the bottom, a conservative projection sees Ford climbing to at least $45 over a multi-year span. This bold assumption is reinforced by the structure observed on the 2-hour chart, showcasing a Wave (i), Wave 8ii), as well as Wave (iii)and Wave (iv). Our entry at Wave (iv) has proven strategic, with Ford's price appreciating by approximately 7.5% since then.

Believing in Ford's further potential, we plan to adjust our stop-loss just below the pivot point at Wave (iv), setting it at $10.79. We'll provide updates on our take profit targets as they are achieved, closely monitoring the stock for optimal exit points.
עסקה פעילה
תמונת-בזק
Given the recent activities with Ford, significant movements have occurred since our entry at $11.23, leading to a rapid ascent for our overarching Wave 1. Although we placed a limit order for a Wave 2, we've observed a scenario where Wave (b) reached 100%, concluding Wave (c) and potentially Wave 2 at approximately the same level. However, there's still a possibility that we haven't seen the completion of Wave 2, suggesting a prolonged correction phase might be underway.

The market dynamics suggest an upward movement resembling Waves (1) and (2), with the price approaching the local top at $13.07 for the fourth time. We anticipate breaking this level, which could lead to two potential scenarios: if the price stabilizes between 127.2% and 138% and then falls below the level of the presumed Wave (1), it's likely we may see a deeper drop for Wave 2. Conversely, surpassing 138% suggests a subordinate Wave (3) and the completion of wave 2 is more probable, with targets ranging from $14 to a maximum of $17.42, aligning with our minimum expectation for the overarching Wave 3 of at least $17.40.

In essence, we must remain patient, observe market developments, and be ready to assess and react to all possible scenarios as they emerge.
עסקה פעילה
תמונת-בזק
And the story continues with Ford. Apparently, we're opening higher today, up by 1.6%, after having surged by 2.8% yesterday. Thus, we have invalidated the possible secondary scenario and are on track to tackle the subordinate Wave (3), which should be between $14.18 and $17.42, although we're initially targeting around the $15.50 level. There's a trend line running through this which we absolutely need to break through, and if we manage to do so, we're hopeful for a relatively swift rise thereafter. We'll definitely continue to hold our position and plan to place new entries for Wave (4). So, stay tuned for updates. See you soon! 👍
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