Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
F vs auto sector (green line panel 1 represents Tata Motors [TTM], General Motors [GM], Honda Motor [HMC], Toyota Motor [TM], Nissan Motor [NSANY], Tesla [TSLA])
Looking to buy 500 shares of F this week in the 16.75-17.25 area. This would be a buy and forget position betting on the 2015 F150 and long term strength of the company.
Human nature, it makes me few a bit better. No real or logical reason why. I can also see it coming to my price and changing my mind. This has happen on the last few stocks I looked at last year. (Netflix and Chipotle). I wanted to buy them and anguished over a few nickles only for them to leave me behind.
**Not saying I believe Ford will explode like they did. But I believe Ford will be strong over time.
I agree that $16.40 is a potential support but that would put you in the middle of that green cloud. if it continues to fall out the bottom of that cloud to another support around $15.75 - $16.00...that is doubly as bad
I would just watch at this point...who knows it could just bounce off the top of the cloud....but I don't think so.
$16.25 is a number I am watching, because you had a high in early April there, later in June we broke out of it and the later tested it as support. I would like to see that line hold support. I would not be buying on the move down, but looking to buy the bounce up off support where that happens.