$F TOP 20
Added 2023-05-01 04:44:49 +0000 UTC$F had a negative week as it continues down this trend after getting rejected at the 200 Day MA and we are very close to the bottom of the wedge trend line now, this should be the next test for $F. $F is a cyclical stock, meaning it moves with economic activity, if a recession is looming, this is likely to affect $F sales and $F has been around for over 100 years so it is a firm indicator of economic activity.
So What Now?
The plan here has not changed, we will wait until this enters the buy zone before considering a position, at $7, I think this will be a strong buy as a long term hold.
