Replies to post #10701 on Ford Motor Company (F)

[Randolph Duke]

I'm not a super sophisticated trader- but I watch F daily the pattern, chart, volume, etc.
Lately I have been buying small lots on any dips into 16 range and selling around 17.35-17.55. Decent beer money.
Once it breaks 18 I will look to see if it continues the pattern and then I will BUY any dips into 17 and sell mid 18.
Just watch for the step ups and dips while it consolidates in a certain range.
Patience is key.
I have been doing this since $13 range and it's worked well.
Holding a large long position (average 11) for divi's and may start unloading some if it pops 20+
Although next year could be a major break out year for F.
Good luck