F headed to $17.65 to test monthly resistance going back to GFC

Ford been making good technical progress and recently broke out on the daily. Monthly here looks like it's set to test $17.65 which has been a resistance level going back to the global financial crisis.

Rivian IPO in should be coming up in a few weeks and F has been a meaningful investor there. At 80B valuation expected for Rivian and 0 vehicles delivered yet, Ford should get a nice bump at its ~56B mkt cap.