$F - DIVIDEND 4.45%
Added 2024-07-12 17:31:30 +0000 UTCIt is not just the EV sector that has been enjoying itself, the ICE legacy manufacturers are moving strong too.
$F (which is a former Top 20 company) has not made a higher high and testing the wedge breakout level, which it has been in since the middle of 2022.
The pull back over the last few months held between the 0.5 Fib and 0.618 Fibs, meaning its pull back is aligned with the start of an impulse wave and higher low.
A break and hold above $14 and $F is confirmed in the bull case....a hold above the previous high at $15.20 and Wave 3 is confirmed.
Very nice attractive dividend here too.
Comments
Tested and found support on the breakout wedge line
Ben Smith
2024-07-22 16:14:39 +0000 UTC
