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After a few days, F opened with a big gap that would eventually break the low of wave (W). This suggested that we should at least see 3 more waves down to finish the bearish cycle. In the last few months, the market has been moving sideways, so we have adjusted the count based on the new structure. Therefore, we have labeled the strong drop from wave (X) as A ending at 9.49 low. The structure formed from here could be a flat correction (3-3-5). For that, we need to see a rally to 11.86 \u2013 12.58 area to complete wave B and then resuming lower in wave C of (Y). We still expect more downside in the stock and it could drop to 7.79 \u2013 3.43 area. We do NOT recommend to buy near term in this possible wave ((c)) of B. The trend is bearish against 14.85 high. Trade smart!<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Ford Motor Company (F)\u00a0is an American\u00a0multinational\u00a0automobile manufacturer headquartered in\u00a0Dearborn,\u00a0Michigan, United States. It was founded by\u00a0Henry Ford\u00a0and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the\u00a0Ford\u00a0brand, and luxury cars under its\u00a0Lincoln\u00a0luxury brand. FORD (F)\u00a0Daily Chart August\u00a02024 \u00a0 We have been calling Ford bearish since it ended a wave ((X)) at 16.68 […]<\/p>\n","protected":false},"author":2,"featured_media":365491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,800,255,250,252,247,253,10260,249,308,256,254],"class_list":["post-365488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-elliottwave","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-realestatestocks","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/365488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=365488"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/365488\/revisions"}],"predecessor-version":[{"id":365494,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/365488\/revisions\/365494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/365491"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=365488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=365488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=365488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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