F
Ford is on the cusp of a breakout to the upside IMO:
Sitting above its:
(3day Chart)
20/50/100/200 MA
12/26 EMA
(3day Chart)
MACD strengthening the last 2 trading days (was about to flip but did not)
Currently breakout out of its wedge for the past 1.5 months
Recent consolidation in the 119-20 has been broken
Ford yesterday (1/3/22) reached price levels that it has not seen in 20 years!
ALL NEWS IS POSITIVE on Ford -with the exception of overall car sales not rebounding to expectations in 2021
Ford has reissued dividends
Insider buying > selling
Ford bumping up production of the fully EV F-150 Lightning
seekingalpha.co...-units-annually?utm_source...
