Stocks Forecast for TSLA and Ford Week of January 7
Here is our in-depth prediction video analysis for TSLA and Ford. Stocks are forecasted with price action for the up and coming week using the Advanced Price Action Zones trend following system. APA Zones uses automatic zones, trend entries and targets. Systematic trading software, education and market predicting is what we do at APA Zones. We have something for any type of trader, for any market.
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On Tesla overall, we are looking for price to come back up to the $263 and retest the weekly supply zone. Basically this would complete a big daily weekly range move that we can see. For this coming week, I think that price will move into the $240 area. So we anticipate that price will move up this week as well. Along the way the zones are telling us that we can see some resistance zones around the $235 level and the daily and 4 hour time-frames.
On Ford this week, we are looking to the upside there too. Price just broke the $13.20 resistance zone and now has some room to run to the upside. However, before it can do that, we a little retracement back down to the $12.50 area. Then push back up with the up and continue the trend. The Gap at 12.60 could provide the need support for price to bounce triumphantly into the $13.00 zone. Be on the look out for price to push into the daily supply zone at $13.73 here in the near future.
As with all of our stock market predictions, you must use more than the zones themselves, price action dictates how to use them. Our toolbox is built to help you see what price is doing, and use it to your advantage and pick the right trade at the right time.
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