This week Brian sets his eyes on Ford, ticker symbol F. Through repeated economic and political cycles during their history, Ford has come out the other side in good shape.
Though there have been supply chain issues and general worry about the overall economy, the Ford chart is looking good ahead of the earnings report. Rather than purchasing shares, consider the possibility of selling some puts that go out for about a month. This will allow time to collect some premiums to offset the cost basis.
If you want to be a bit more conservative, you can look at the charts after the earnings report comes out before considering a purchase.
TO LEARN MORE ABOUT THE FORD TRADE SETUP – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.
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Original source: https://www.thetechnicaltraders.com/ford-f-trade-setup-of-the-week-video/
