Foren & Soziale Netzwerke zur FRANKLIN BSP Aktie

 

https://www.tradingview.com/x/1dlw1lFo/ Ford has been forming this bearish flag since August of last year. When this flag breaks, that would take Ford down to a trendline that goes back almost 20 years, that connects through the 2008 lows as well as the covid lows. I expect this area to likely contain the lows for Ford for the current bear market.

I went long some Ford on the daily chart. No plan. No stops. No thesis. This is purely based on the down trend break.

F Ford 24 hr potterbox. I think if ford opens up above the 50 percent line. The red line. it could stay there. Then again it could come down to the 50 percent line. its broke thru the line but couldn't hold it for very long. as you can see in the chart. I am using the august 5 low as my lowest candle. It might hold. I use the history of the chart . the laws of three, the Wykoff trading method. and the box to help me trade. you can trade this pattern from about $10.33 to the upside or the same to the downside. we will just have to wait and see.

I went down to a lower chart to see where ford is actually trading, this is what i found using this strategy. Around $11.15 using the 30 min chart. In-between boxes as i right this. bouncing off of the top of the bottom box. Key level. lets see where it goes from here. Have fun.

F Ford with my version of a weekly potterbox. ford is at the 50 percent mark of the bigger box this is a key level. if it opens above the 50 percent line it will be interesting.

F Ford has broken out of the box. it closed at $11.23 today. I would guess to say its going higher due to the election being settled and over with. From july 18 to aug 6 thats how long it took ford to drop. I would say that its going back up and will fill all of the empty space i marked on the chart with blue arrows. Im not sure when this will take place but it will be soon i suspect. well we shall see if this holds. Trade accordingly

Ford did not make it above the $11.27 top of the box. it is still building a base and it will make it back up to the 14 dollar range. I will keep a eye on it. Thanks for the comments i really appreciate it. positive or negative. I just want to make a little spending money. lol

F Ford is looking good .it needs to break and hold $11.28 then it will be in empty space and run up until $11.93 if that doesnt hold it will go up to $13.62 and then possibly $14.00.

follow the channel and trade accordingly. Use the box as buying and selling opportunity. Have fun

Observations on the Wave Count: Primary Impulse Waves: The count of 1-5 for an impulse seems to be accurate. You have a clearly labeled 5-wave structure moving upwards. This is likely a larger degree move, possibly at the "Primary" or "Cycle" level. Wave 5 appears to have extended further compared to the prior impulse waves, which is common. Elliott Wave Theory suggests that either Wave 3 or Wave 5 can extend, and this seems to show that Wave 5 is the extended one. Corrective Wave (A-B-C): After the 5th wave, there is what looks like an A-B-C corrective structure. It's possible that this is a Zig-Zag correction based on the sharp drop after Wave 5 and the bounce that follows. This seems to be followed by a potential expanded or running flat, where wave C fails to exceed the end of Wave A. Recent Wave Count: Your latest count appears to be unfolding into a smaller degree (minute or micro) corrective structure, likely a W-X-Y or some form of complex correction. The zigzag shown in the most recent wave count

This then that ✅clear targets ✅great multi expiration play ✅tight stop loss ✅built in confirmation (The entry is built in as retest Probably Pattern: Weekly candle dip below $10.25 Then, weekly close above $10.50 8 of 9 times over 30 years reaches $13.50+ within a few months 9 of 9 times it reaches $12.50 plus

I got long around $12.50 but I think we could have a small pull back here. I sold to be safe. We have a nice topping pattern on daily. Not financial advice, DYOR.

Does This look like a bullish Pennant? This looks like a classical pennant, well defined. support @ $12, and a trending bearish trend for resistants, need to wait for confirmation