GM Sales Best Since November 2007 – What About Ford? – Dec 2 2014

Dec 2, 2014 | Ford Stock (F), Trade Alerts and Ideas

GM caught analysts by surprise with strong sales figures marking the best November since 2007 thanks in large part to sales of the F150. Even Chrysler posted strong numbers whereas Ford numbers showed a decline since November of last year. So where does this leave investors interested in trading within Ford Stock? Ford trades under the symbol F. A lot of investors follow Ford Stock and I get asked often what I think would make a good trade in the stock.

Ford Stock Chart to Dec 2 2014

The chart below shows the support level that the stock was trying to build at the $16 valuation level was broken in the fall correction. Today the stock came close to reaching the $16 level but then dropped back slightly. $16 is probably reachable in this latest rally, but above $17.00 I would be thinking about selling naked calls.

The drop in Ford in the mid-October correction might have been a bit overdone but the $14 value has strength from 2013 and in the recent correction you can see how the $14 valuation held up well.

You can also see in the chart below that the $15 value had decent support from back in the early to late spring before the stock moved higher.

Ford Stock to Dec 2 2014

The rest of this trade ideas article on Ford Stock is for USA members.

Ford Stock Trade Ideas for Dec 2 2014

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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.