Any comments on FORD (Nasdaq)?

[mystiky]

I would love to hear any comments on FORD (Forward Industries). It made a new high earlier today but closed below it.

Any technical opinions on it?

[dmk112]

I owned this stock about 3 times, but missed the big run-up

Right now I'm either looking for a pullback to the 13.xx area or if it breaks the 17's then I may chase it.

Also, lookout for the doubletop, it may be a short play if that is the case.

[Runner]

[Runner]

[Runner]

Chart shows set up for aggressive shorts off the MSH on FORD. They will not play with it if it pops up.

[Runner]

[mystiky]

FORD - when good to buy back?

Luckily, I sold all of my FORD today at near 16.90 before the 3pm "breakdown".

I am thinking about going long again in the mid 13's - around the 10-day moving avg.

Whats your thoughts?

Thanks for the past GREAT ANALYSYS!

[IIC]

Luckily, I sold all of my FORD today at near 16.90 before the 3pm "breakdown".

I am thinking about going long again in the mid 13's - around the 10-day moving avg.

Whats your thoughts?

Thanks for the past GREAT ANALYSYS!

My thoughts are I lost .25 sh on it today trying to be cute and buy a bounce at 15.20...but it was a lunch money play...worth a shot...I like to to that sometimes when I'm bored.

[Runner]

I’ll keep it on my radar for a while. I’m thinking the N34 target may have been on the money, but we shall see. I’m looking for an impulse wave down trigger.

[dmk112]

I’ll keep it on my radar for a while. I’m thinking the N34 target may have been on the money, but we shall see. I’m looking for an impulse wave down trigger.

Runner, speak english! LOL

I don't understand you lingo...

[IIC]

Runner, speak english! LOL

I don't understand you lingo...

Yeah...What the heck is an N34???

[Websman]

Runner, speak english! LOL

I don't understand you lingo...

Concuerdo con usted DMK. A fin de cuentas, el idioma oficial aquí está inglés. LOL

[Runner]

Sorry for the confusion with my charting. Using waves and fib’s. N34 is simply 34 days for these charts. I guess I could have been more specific with the time frame. I look for a reference low point (as per chart) and then wait for a trigger point to hit or a market structure high to forum. This should happen with in a 13-day period. Once I see a structure high I now can plot my target. This phase is called the Anticipatory wave. Normally once target is hit position is either pared out or closed.

In simple terms I look to go long on market structure lows and short at market structure highs. I’m not going to get into the math but FORD was plotted at N34. This for me means heads up as the Limit wave MAY be peaking, also this would also mean it is in a limit wave and possibly nearing completion. I’m not a great teacher, but it makes sense to me!

[Runner]

Thus far I’m impressed with the P/B on low volume. Next week will prove interesting for this stock, I think…

[Runner]