Hubert Senters here.
Got a lot of questions from people about Apple. When is a great time or a good time should we be buying, should we be selling for Apple? Take a look at it so.
Clearly it’s still in a massive uptrend. It’s on the daily. It has gone from $137 all the day down to $112. It’s been hit a little bit. Look if we go up this much you’re bound to get a little bit of pullback.
This is natural in the market so if you’ve been trading for one to two days you will understand that. If we look at multi timeframe analysis this would give us a heads up so on Apple you can just short some QQQ you could do that.
That’ll hedge its position or you could short some Nasdaq futures. If you don’t know how to do that figure it out. 10 minute buy signal usually tells you that it’s going to be down for three to five hours so.
In this case scenario the 10 minute is below the cloud and moving lower so we’re going to see lower prices in Apple intraday and probably overnight for the next three to five days.
Now, if we confirm that with the 60-minute signal in Apple. A 60-minute signal is good for three to five days to the down side so that would be about last quarter of the day so this would be down day one down day two and occur.
We still got two or three days before we come back up and visit $120 so for right now Apple’s going to go lower. Where is it going to stop at? Well, then we go back to the daily chart and figure out where that’s on the daily.
It could potentially fall as far as $100 even a $102, $103 anywhere along this line right here in this area is where it could go to. It may not go that low but it’s where it can potentially go to. We’re not going to sell it or short it until it gets below the cloud for at least three days.
I’m going to be hosting a live webinar so that you can ”Discover How To Invest In Hot New Companies Before They Go Public. They Could Go On To Become The Next Uber, Facebook, Tesla or Zoom.”
All those crazy things that we trade in the market right now. You could invest in the private market before they go public and they maybe bought by another company or they could potentially go on to take their company public or heads up ladies and gentlemen they go business too.
That’s an actual option like you could invest money and the actual company will go out on business surprise does the time. I’m going to be doing this on Wednesday, September 9th at 7PM EST. I’ll HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video.
Hubert.
