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TradeandGrow

F has potential to break!

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FORD MTR CO DEL (NYSE:F)  
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NYSE:F   FORD MTR CO DEL
Support and Resistance Supply and Demand Pivot Points fundamental-analysis
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supportandresistance supplyanddemand pivotpoints fundamental-analysis
F has already stopped orders for the new F-150 Lightning electric truck, about 200K.
$21 is a big resistance and this line will be a good mark for a lot of shorters.

Over the long term I see a pullback, back to the VPOC. The next leg up could finally reach the $22 if the catalysator is strong enough.
In conclusion I would avoid to short and wait for a good long position.
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