F (Ford Motor Company) NYSE

07/01/14 – This stock has been in a strong Bullish Trend since July 2012 and is currently in a Wave 4 pull back phase.  A simple Wave 2 compliments a progressing and complex Wave 4.  the Stochastic crossed over in the over bought zone yesterday giving 6/9 indicators in the green.  Ideally now I would like to see the TJ’s Ellipse taken out at approx 14.99 and the the Trend Channel to be over 0.900.  No BUY order yet but keeping a close eye for the rest of this week to see if the trade sets up for a trigger.  As BelowF#1 F#2osc


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