Hubert and his experts have been featured on
Why Become an HSIC Member?
My goal is motivate, educate, inspire, and make a positive impact on your trading. Whether you’re new to trading, or you’ve been at this as long as I have, join the inner circle to take your trading to the next level.
Premium Daily Videos
Get a recap of what happened today, and exactly what we’re going to be looking for tomorrow.
Live Trading Room
Join me in the Live Trading Room multiple days a week to trade the markets today.
Technical Tuesday with Scans & Picks
Live session so you can bring all of your questions and symbols too. We’ll have a live look at your symbols. Plus we’ll update our Ichimoku Scans & Picks live.
REPORTS FROM THE TRENCHES
MYL is Not Looking Good
Hubert Senters here.
Had a question from a viewer wanted me take a look at MYL. This is a weekly chart. It looks like it’s in trouble. Probably going to go substantially lower and re-visit its most recent low on the weekly chart which is going to go back to about $16.15. That’s not substantially lower.
But usually when things drop below $15 they’ll then drop to $10 and then when they go below $7 they go to $5 so just be on the lookout for that. Let me take a look at the daily chart see if it looks any better or worse. Yeah, pretty much the same situation.
It’s probably going to break down to $16.50 and then drop down below $15 and then I would say $7 and then below $5 so be careful with it. Looks like it’s got more downside price action in its future.
Mark Helweg is doing a special webinar Friday, November the 15th. ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction.’’ It would be tomorrow at noon Friday.
Good luck. Hope it helps. See you on the next video.
Hubert.
