$F did move positively but there is still enormous amount of work to be done here to get this back bullish.
The price is still below the blue line, which was the June '22 Low, below the yellow trend line, the 50 and 200 Day MA too.
All these levels need to be converted again from resistance levels back to potential support levels.
$F is in the buy zone so there is value here available, especially as a long term hold....but there does appear to be better stocks to buy right now.
Holders may consider waiting for this to move higher before adding again.
RandumbInvestor
2023-11-06 00:23:23 +0000 UTC