Unlike a lot of our other uploads this weekend, $F is not looking complex and hasn't for awhile, it just moves very slowly and thats why the boomers love it. Gives them plenty of time to get in and out.
I have only added a second support line from the two lower lows as a reference for support, as the price action sits on this support now, losing this line and we are watching for the previous low at $10.50 and then into our buy zone.
At one stage on Friday, we were only $0.80c from out buy zone, we have been watching and waiting for this to come down since $16.65 so we have already saved substantially by waiting until now and if you are a new member, you will be able to benefit now from our long wait.
So What Now?
We wait for the next two supports to break and then we are into the buy zone, very little is in the way now, the 200 Day MA has acted as the perfect resistance line since March 2022. Target buy is still around $7 for me.