Ford Motor Co. $14 Call November 2021
Fib levels have held quite nicely throughout the year and recovery.
We need to break out of our current zone, .236 ($11.77) before our next stop at $13.50 resistance. Breaking through $14.00 will make this extremely bullish
As seen in the chart, we are in a tight upward channel and expect to bounce up and down between the blue corridor.
Thoughts?
Fib levels have held quite nicely throughout the year and recovery.
We need to break out of our current zone, .236 ($11.77) before our next stop at $13.50 resistance. Breaking through $14.00 will make this extremely bullish
As seen in the chart, we are in a tight upward channel and expect to bounce up and down between the blue corridor.
Thoughts?