Hubert Senters here.
Got a question from a viewer what I think about Apple for a higher price target so Apple is finally price across above $20 on the ADX which means we have to be patient and wait.
Overall it looks pretty good. I would say it’s got a really good shot of going and taking out these most recent highs around $144 $145.
But let’s dig in here a little deeper and actually do some analysis as it goes and just guessing. So we’re going to take this low that high and then that low on the Fibonacci.
When I’m on Trade Station I’m using a tool called Fibonacci Price Extension Line. I’m going to go from this low to that high to this low.
Here we go and now let’s see if we can line up that most recent support resistance area. So $138, $140, $141 and $143.
Troy Noonan is going to be doing a special webinar. We’re going to be hosting him Finding the Sweet Spots Trading Two Super Hot Markets with Tro Noonan. It’s today at 4:30PM EST. I will HYPERLINK you to the registration page.
If you’ve never seen Troy speak he is an entertaining fellow. He’s a super nice guy. And I think you’re going to learn about from his webinar.
Good luck. Hope it helps. See you on the next video.
Hubert.
