
On April 15, Bank of America and Citigroup report their earnings in the first quarter of 2021. Are they equally good?
2021-02-02 • Updated
Ford will publish its Q4’2020 earnings on the night of February 4-5. What to expect?
Ford and Google shares rose on Monday after the companies signed a partnership to produce connected vehicles powered by Google's Android operating system. “As Ford continues the most profound transformation in our history with electrification, connectivity, and self-driving, Google and Ford coming together establish an innovation powerhouse truly able to deliver a superior experience for our customers and modernize our business,” Ford President said.
Jim Cramer, CNBC's journalist, and hedge fund manager, recommended buying the dip Ford Motor Company after earnings. Ford is now one of the stocks to consider buying after Tesla under Biden’s green energy boom. The President pledged to fight climate change and support the development of zero-emission vehicles. His goal is to reach a carbon-free energy sector in the US by 2035. Ford should benefit due to its approach to its "digital transformation".
There’s an interesting situation on the Ford weekly chart. We can notice the basic case of retracement. The key level is $10.50 as the price has failed to cross it many times when this level was both support and resistance. Retracement to a key level creates the optimal situation to enter the market. In the chart below you can notice that the price has pulled back to the key level after it closed above it. Since the stock is moving in an uptrend, this pullback should be a natural sell-off ahead of the further rally upwards. The move above the high of January 17 at $12.00 will push the price up to the record high of $13.50 unseen since 2018. Support levels are $8.75 and $7.50.
You can also trade Ford stock with FBS Trader mobile app. Remember that stock trading starts as the US session begins (at 16:30 MT time).
Don't know how to trade stocks? Here are some simple steps.
On April 15, Bank of America and Citigroup report their earnings in the first quarter of 2021. Are they equally good?
S&P 500 is trading just below the key milestone of 4000. It’s likely to hit this level by the end of this week. What is the reason for this growth and what is the forecast? Let’s find out!
Moderna skyrocketed by 10.5% in pre-market hours on Wednesday. Can you imagine what may happen when the stock trading opens?
Stocks of tech and auto sectors are in the focus of traders these days due to the global chip shortage. Let’s find out what is going on with chips and why it’s important for traders.
What are the first stocks that'll see their quarterly reports out? Let's check them out and prepare for some moves in the stock market!
Morgan Stanley, a huge investment bank, has warned investors about a “risk” not having Tesla stock.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.