SUMMARY

Here is Ford Motor Company (F); the car company that Honda and Toyota used to kick around! The 2008 financial crisis was the event that arrived to justify the massive ABC ZigZag correction as shown in the below chart.

I'm bullish on Ford because the C wave marked the bottom of a correction and that means the original trend (up) should resume. I believe it already has as shown by the white wave 1 and 2 being complete. Now, white wave 3 is expected and the blue waves mapp out its subwawves. Per this count, I believe Ford can regain and go beyond its glory day price levels.

The MACD also looks to be very supportive in that it's traversing within a symmetrical triangle. The white arrow shows the projected price pathway.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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