Ford was a buy candidate in last night's newsletter. The buy trigger was at $16.8. The strong open triggered the buy signal. Traders bought at 16.8. It closed near its low for its first bar that should give traders a warning; it didn't look good, maybe a bul trap. At 9 am, it gave the first sell signal as it undercut the blue trendline at $16.5. Traders should get out at once, If traders hesitated, it gave another chance to get out, when it was at 18.39 and cut another small trendline. ( This is a 15 min chart)
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