Stock-F-Ford Motors - Best Day Trading Stock

Stock Symbol - F - Ford Motor Company - Today’s Best Day Trading Stock

Today we would like to add Ford Motor CO, symbol (F) to our best day trading stock. Ford represents an opportunity for day trading because of their up coming news events. The stock may be out of favor to the majority of investors but it’s a great stock for day trading. Since UBS initiated the stock with a “Buy” on March 20th, the stock has gone from $2.75 to over $4 at one point, it is currently priced at $3.95 (sharp rise in share price in a short time period makes for a great day trading stock.) Starting on April 2nd, the volume on Ford’s stock has more than quadrupled their average daily volume (large upswing in volume is great for day trading.) Recently there’s been a lot of talk from the Chinese looking to snatch up one or more of the beaten up auto companies. As deals between domestic automakers and foreign buys come to fruition, the stock prices will become very volatile; this makes for a great opportunity to start day trading the stock. The recommended day trading range will be between $3.5 and $4.25. If the stock hits below $3.5, it’s a buy and start looking to take quick profits if it rises above $4. When day trading this stock, I would highly recommend setting 8% stop limits both ways. We expect the stock to have a volatile session on Thursday, expect it to hit $4 again and then close lower before the long weekend. We do not recommend holding a short position over the long weekend. If there’s a drop towards $3.5, consider buying and holding over the long weekend. Good luck and have some great day trading sessions!