Ford Has Staying Power above the 200 Day Moving Average
Last week I added some Ford to the porfolios and now that it has clearly held at the 200 day moving average (red line on chart below), let me disclose my profit targets: target 1: $15.20 target 2: zone between $15.75 and $16 target 3: $16.50
Update on Ford and Cisco
As bucket 3 longs, I am giving CSCO and F stops that are somewhat longer than for bucket 2 swing trades. After breaking out of resistance levels earlier this week, both stocks have given back some the past two days. So far the action looks like healthy consolidation. In both stocks, should they meaningfully fall […]