CFD Trading – Buy Ford Motor Company (F.NYS) @ $13.20. Stop @ $12.55 and Target @ $14.10.

Ford Motor Company Stock Code F.NYS

Price broke above the cloud in the previous trading session and this could be a sign that the price correction since the 15 March 2021 is over. Price could be about to resume its uptrend again for a new high. Conversion and Base lines had a bullish crossover earlier, hinting of a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD has a bullish crossover and is moving higher. We think price is likely to move higher to the Ichimoku V shaped price projection at $14.10 in the next 2-3 weeks.

$13.20                Buy
$14.10                Price Target
$12.55                Risk Management Stop
3 weeks              Trade Duration

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