Goldtent TA Paradise

Ford Head and Shoulders

1. HochsChild says:

   January 5, 2018 - 5:54 am at 5:54 am

   Thanks Marcus. I’d just topped up my F position last week for the ‘stable’ part of the portfolio 🙂 I think it will do well from here and would rather get the 5% dividend + chance of growth than put the same money in a 5% bond right now. I’m no expert chartologist, but to me, it looks like the first dip down (2013) would be the RS of the IHS. Would love someone else to chip in whether this is still a valid IHS. Thanks!

2. Marcusjames says:

   January 5, 2018 - 8:10 am at 8:10 am

   I was originally thinking the same thing, but it failed to continue up, so I looked at it as merging with the head and a new right shoulder forming now. It’s not very balanced, I know. Either way, with the kind of bullishness in the markets, Ford has been a laggard, so it looks appealing to buy undervalued Ford to follow already high flyers still flying up. It has far more potential now against those stocks some might be seeing as looking poised to peak. Ford has just begun!

   • HochsChild says:

     January 5, 2018 - 11:07 am at 11:07 am

     Despite being relatively undervalued, many have written it off a long time ago. But actually I think they will benefit from the EV and AV revolution going forward. They seem to have the cash and ability and plans to adjust accordingly.

3. Marcusjames says:

   January 5, 2018 - 11:49 am at 11:49 am

   Just the kind of stock to move up under the radar until everyone notices and drives it to over $20 by the end of the year or sooner. I bought it at $12.10.