Possible Ford motor company trade

17 ott 2020

I'm a fairly new investor, I've been doing pretty much only small day trades. Im looking to get into more short term stocks or swing trades so I don't have to monitor my positions constantly. This is my first crack at making charts and really digging into analyzing them so a any input would be much appreciated. I read today that Ford Motor Company reported gains in china for I believe the second or third quarter in a row. It looks like for the most part its trading above the MA 50 line which I believe would indicate its a fairly strong stock to trade, and it seems like after today its dipping towards the MA50 line and depending on the open price on Monday it could b a good stock to buy and hopefully make a profit by the end of that week. Thanks again for any advice.