It is still quite incredible to see that $F has been outperforming $TSLA and the EV sector by some considerable margin since November and is still in a good position to move higher to follow our count.
The price is right between the 50 and 200 Day MA's now and it is getting tight....when this happens, usually there is a strong move in either direction.
As long as the price stays within this yellow wedge, the price action can still move higher as shown.
However, waiting until the price holds above the 200 Day MA at $12.30 would be ideal to consider a position.