Hubert Senters here.

Now, that we’ve got Roku headed below the cloud and we know that it’s trending which probably means it will probably continue to the downside that’s what we’re betting on. We need to know what the average true range is.

And that’s the bottom indicator here which is the free market in saying on a daily basis. This stock is going to move $10.78. Let’s just round that down say $10 make it make the math easy.

So now, if I think it’s going to go to $10 and I think it’s eventually going to come down here to rest in this area like $65 and it’s trading at $99 then you can figure out about how many days it’s going to get there now.

Heads up, it’s not just going to go there 10 points a day and get there. There’s going to be ups and downs so you have to make that in your calculation too. But this is the stuff that you can add to your chart to help you make a better buying and selling decision.

And also put your expectations in check saying hey, things will move 40 points a day on the average true range over the past two weeks a 14 period average free range is going to move about 10 points plus or minus a beta. Based upon what the market’s doing.

Mark Helweg is going to be doing a special webinar on ‘’How to Read Market Direction Instantly with this One Free Tool,’’ Wednesday, October 2nd at 8PM. I will HYPERLINK you to this page.

Good luck. Hope it helps. See you on the next video.

Hubert.