Getting The Jump on Ford's 30% Rally In 10 Weeks
by Mike Paulenoff
August 14, 2022 • 12:27 PM EDT
On May 25, Mike Paulenoff alerted MPTrader members to a preliminary upside reversal signal in F (Ford). The stock at the time was trading at 12.40, up from its then multi-month corrective low at 12.07 established on May 20.
Mike instructed members that only a close below 11.00 would invalidate his preliminary bullish signal.
Then on June 10, with the major equity market indices in the grasp of a three-session plunge of 10% to 12% into what would become significant mid-June major corrective lows, Mike reiterated his bullish analysis about F, writing:
"F (Ford) remains on a Buy Signal generated by its price bottoming behavior since May 20th despite today's 3.9% drubbing in sympathy with the overall market. The 'bottoming behavior' will remain intact and viable unless and until F breaks to new corrective lows beneath 12.07 AND follows through below 11.00 (on a closing basis)."
During 8 of the 13 trading sessions between June 16 and July 6, F pressed to or marginally below 11.00 but never closed beneath Mike's close-only stop of 11.00, and by July 27 was trading at 13.15.
At that point, hours prior to Ford's earnings report, Mike posted another heads-up for MPTrader members, noting that the stock was "poised for upside continuation to challenge 14 -- the down-sloping 100 DMA."
As it turned out, investors and traders reacted positively to the earnings news, propelling F from its gap-up open on July 28 into last Friday's (August 12) high at 16.22, up a full 30% from Mike's initial alert.
F is an example of the risk management discipline Mike applies to the technical work that he communicates constantly to MPTrader members in every one of his intraday updates.
What's ahead for F as well as other auto names like GM and TSLA? Join Mike and MPTrader members for their intraday discussions and idea generation on individual names, ETFs, macro indices, commodities, and Bitcoin.
Late on Friday, fellow MPTrader member MarkinQueens exclaimed: Mike's XOM (Exxon Mobil) chart from August is working! Last $117.26!Back on August 25th, this is what we discussed about Crude Oil and XOM:Just in case anyone is wondering what the chart of nearby Crude Oil is looking like as we approach the "official" end of summer.
On August 12, 2025, this was my response to an inquiry from an MPTrader member about intense weakness impacting SMR (NuScale Power Corp):SMR (NuScale Power)-- Fellow member Irv66 asked for an update on this modular nuclear reactor manufacturer that blasted-off from 11.08 in early April to 53.50 at the end of July (+382%), but has since been in the grasp of a major correction from 53.50 to 38.33 (-28.6%). My pattern work argues that SMR is nearing key support from 37.50 down to 33.
ARKK (ARK Innovation Fund, ETF)-- Back on August 20, 2025, this is what we discussed about ARKK:Fellow member Pawel has requested an update on Cathie Wood's fund, which in June thrust up and out of a 3-1/2 year base-accumulation period and pattern above 68.40/50 that subsequently climbed to my initial target in the vicinity of 80 (see my attached Daily Chart). Since the 7/21/25 high at 79.
On July 31, 2025, with SLV (Silver ETF) trading at 33.27, this is what we discussed about my technical setup:SLV-- On the subject of tariffs, copper, and silver, Trump extended the tariff deal with Mexico for 90 days, which included steel and copper, but NO MENTION of Silver (so far). Let's notice on my attached 4-Hour chart of SLV that the week-long nosedive from 35.91 to this AM's low at 33.
On February 18, 2025, this is what I posted on MPTrader about KWEB (Chinese Internet ETF) that alerted traders to a potentially explosive setup that should keep KWEB on our radar screens going forward :My attached Daily Chart shows that KWEB is attempting to emerge from a huge, three-year rounded base-accumulation setup that projects much higher prices as the price structure climbs the "recovery wall of worry" in the aftermath of the relentless bear phase from the February 2021 ATH at 104.
