BY LICIA LESLIE
May 24, 2024
Hi Shoppers,
Ford (Ticker: F) has revisited the support level it has bounced off of four times since February:
That support coincides with the 50 day moving average.
I think F will trade $13.00 and possibly $13.75.
Shopping for options, I like the Jun21 expiration:
The 12 calls at $.45 will double.
Use a close below $13.95 for your stop loss.
Trade Review
Nvidia (Ticker: NVDA) gapped open after earnings and landed right on my pitchfork support/resistance level. I called $1023 and it opened at $1020.28:
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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