SamSuka
The Long Investor
The Long Investor

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$F TOP 20

Another strong day for $F, on the 1hr chart the price has broken aggressively through the 50 and 200 Day MA after retesting the wedge trend line from above.

The 50 Day MA is the only MA in the way now on the daily chart at $13.10, getting above this level and holding is the next test and if it can hold above this level, we are into the bull case.

PT was raised today by UBS to $15.

$F TOP 20

Comments

technical anlalysis is one option, but watch the news: "Workers Begin Strike at US's Big 3 Automakers" This is a negativ catalyst, you should wait for massive pullbacks. opinion.

Iksan


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