Trading ideas for the Ford Motor Company (NASDAQ) 05.11.2020

#FORD
The stock is trading in the range of 365 and 135 moving averages directed upwards. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

#FORD rate online: monitor the price movement in real time.

Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.

Stop Loss under the local minimum of the descending pattern.

Target levels: 8.20; 8.70.