I am not a professional. I am not certified, licensed, or employed by any person or institution to give financial advice. I currently have shares of Ford I plan to hold for the long term and am considering purchasing a long term Call Option in Ford.
I am going with Ford for the long term. If you want a short term analysis of Ford, look at the post I published right before this one. The chart you hopefully see is a long term line chart set on weekly. I realize there are a lot of lines and I apologize if that is confusing, but I ask you bear with me....or in this case bull with me *duck and cover* :) If you look at the vertical orange lines, I have attempted to space them in what I see as a biennial pattern. Let me know what you think, but to me it looks as if Ford trends for a couple years and then consolidates before trending again. Those trends are both bearish and bullish, but I think we have just entered either the bullish trend or the consolidtion after a bearish trend. I think Ford hit a low point back in July/August of 2017 and has been climbing ever since. I think it will do one of two things depending on which phase it is in. If it is in the consolidation phase it may go sideways or up a little bit more before retracing back to the area of July/August 2017 in the $10ish-$10.50ish area and then come back up. Right now I'm waiting for it to break the resistance of $12.80 from back in February 2012 (also, if you read my short term post about Ford you'll see I already have a $12.75 resistance line drawn for short term consolidation) and the $12.60ish resistance it seems to keep hitting from February of this year (which was also used as support back in February and March of 2013) to see if it will continue up or not. If it continues up, with help of our current Bull Market, I think the call can be made that Ford is in the up-trend phase. My guess for resistance for the up-trend is $16.00 (green line) or $17.25ish (blue line). If you really want to be an optimist you could hope for it to reach the $30.00 mark from back in 2000; and though I'm not ruling that out completely, I'm not counting on it. The red line I've drawn at $18.40ish is my highly optimistic outlook, but the $16/$17 lines I've mentioned are more realistic to me. $14.00 also seems to be bit of a resistance buffer as seen in April 2010, January 2013, July 2016; and as support in October 2014 and September 2015.
I am going with Ford for the long term. If you want a short term analysis of Ford, look at the post I published right before this one. The chart you hopefully see is a long term line chart set on weekly. I realize there are a lot of lines and I apologize if that is confusing, but I ask you bear with me....or in this case bull with me *duck and cover* :) If you look at the vertical orange lines, I have attempted to space them in what I see as a biennial pattern. Let me know what you think, but to me it looks as if Ford trends for a couple years and then consolidates before trending again. Those trends are both bearish and bullish, but I think we have just entered either the bullish trend or the consolidtion after a bearish trend. I think Ford hit a low point back in July/August of 2017 and has been climbing ever since. I think it will do one of two things depending on which phase it is in. If it is in the consolidation phase it may go sideways or up a little bit more before retracing back to the area of July/August 2017 in the $10ish-$10.50ish area and then come back up. Right now I'm waiting for it to break the resistance of $12.80 from back in February 2012 (also, if you read my short term post about Ford you'll see I already have a $12.75 resistance line drawn for short term consolidation) and the $12.60ish resistance it seems to keep hitting from February of this year (which was also used as support back in February and March of 2013) to see if it will continue up or not. If it continues up, with help of our current Bull Market, I think the call can be made that Ford is in the up-trend phase. My guess for resistance for the up-trend is $16.00 (green line) or $17.25ish (blue line). If you really want to be an optimist you could hope for it to reach the $30.00 mark from back in 2000; and though I'm not ruling that out completely, I'm not counting on it. The red line I've drawn at $18.40ish is my highly optimistic outlook, but the $16/$17 lines I've mentioned are more realistic to me. $14.00 also seems to be bit of a resistance buffer as seen in April 2010, January 2013, July 2016; and as support in October 2014 and September 2015.