Ford Motor Co. and Tesla Inc. have both formed weekly chart patterns that could provide clues to their future direction for the long-minded trader and investor. Ford has formed a bull flag pattern while Tesla has settled into a bearish downtrend. As more and more legacy automakers continue the switch to electric vehicles, there is a possibility Tesla will lose its sector dominance and stocks such as Ford and General Motors Company have begun to decouple from Tesla’s price movements. It should be noted, however, that events affecting the direction of the general markets, positive or negative reactions to earnings prints and news headlines about a stock can quickly invalidate patterns. As the saying goes, “the trend is your friend until it isn’t” and any trader position should have a clear stop set in place and manage their risk versus reward. On Thursday, Ford CEO Jim Farley, appearing on CNBC’s …