FORD - ICE predominates EV falters LONG

Diupdate
Ford has scaled back its EV ambitions in consideration of the marketplace while TSLA drops

its price in the Eurozone and falls into less than first place in the China EV market. Ford's

F-150 truck continues to dominate GM and the others in North America.

On the 4H chart, first a price uptrend and then retrace to the 0.5 Fib level and a reverse into

a new trend up. A pair of EMAs shows an impending golden cross also suggested by

the zero lag MACD. The two RSI lines ( 60 minutes and 480 minutes fast and slow) are

rising and about to cross the 50 level.

I see this as a long entry for Ford. Targets based on major pivots in 2023 are 13 and 14.25

Trade aktif
cuplikan
Trade aktif
lONG TRADE TAKEN from the bottom of a post earnings miss pullback.

cuplikan
autosectorFibonacciFibonacci RetracementFORDGMOscillatorsPivot PointsTesla Motors (TSLA)

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