03/21/21
Blue Chip Daily Chart of the Week:
Ford Motor Co., F
Close: 12.83
Stop level for position traders and investors: 10.82
please see chart analysis below
- Ford Motor Co. (F) is one of our top technical ideas coming into the week and is on this week’s Members Top 25 List.
- F is in a technical uptrend above the rising 20, 50, 100 and 200-day moving averages, indicating an uptrend on multiple time frames.
- F recently pulled back 10.2% off of 19-year highs and held at the rising 20-sma.
- F is a top cyclical idea here and has also been making a strong push into the EV space.
- We have been moving into the cyclical stocks since last August and continue to believe that this cyclical recovery move is in the early stages.
- F was our Members Chart of the Day on 2/17/21 and is +11% since then, and also again last Friday, 3/19/21.
- General Motors (GM) was our 12/10/20 Chart of the Day and is +30% since then. (please see the screenshots below)
- Our recently updated Top Performers page: https://bluechipdaily.com/top-performers/
Have a great week,
Larry Tentarelli
Publisher
Disclaimer – Blue Chip Daily Trend Report
F CHART OF THE DAY ON 2/17/21
GENERAL MOTORS CHART OF THE DAY ON 12/10/20
