Ford Weekly review
Since the previous week, nothing much happening on the shares of this company, we expected a possible correction to the upperside but as it looks, we may have to wait temporarily for price to correct itself before we got out. The idea here is to wait for a correction towards the upper trendline to pick a low risk sell order. The anticipated bearish price rally is the continuation of the impulsive wave (5) and should break below 7.60 towards 5.00 or even lower. As it is, we only recommend wait for a correction upwards to sell the shares of this company.
Wait for a sell around the trendline.
Reuters weekly review
The shares of this company are still being held above the daily support zone 51.02-51.43. This is a key Demand zone and while the price is contained above it, we still within our buyers territory, the idea is to wait for a clear retracement to this zone to pick a buy order towards 60.00. The anticipated bullish price rally is the continuation of the impulsive wave (5) and should first break above 53.70 before a move even higher is seen. And on the flip side, should the price break below 51.02, then this will be an ideal place to look for sell order.
Rebuy reuters shares around 51.43.
Apple weekly review
During the previous week, nothing much happens on the shares of this company, we're still waiting for a clear close above the Up Kumo to confirm that we're upwards with an ultimate target at 230.30. The anticipated bullish price rally is the unfolding of a corrective wave count and should first break above 182.60 before a move even higher is seen. As it is, only buy positions looks more ideal, and ca be recommended especially if the price can close above the up Kumo, The next best place to consider a buy order is above 230.30 or around 145.40.
Buy a break above 182.60.