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FORD MTR CO DEL

FORD F SWING TRADE SETUP DOUBLE BOTTOM

Por AwesomeAvani
F

From the 2H chart, F had a double bottom on June 17th and July 6, with the former being the day SPY bottomed.

Now in a solid uptrend buying volume through the recent earnings.

Fundamentally earnings were favorable.

F has run up 30% in the past month.

I am thinking of a long trade once resistance at 16.11 is broken.
Chart PatternsTechnical IndicatorsTrend Analysis
AwesomeAvani

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