Hubert Senters here.
Let’s take a look at Apple, AAPL. Obviously that came out. Some new gadgetry yesterday and now you’re going to run to the Apple store or other website and buy all the new gadgets so. Apple is just clearly defined uptrend. It’s not that hard to see, right. It broke above the cloud here, sideways consolidation.
It had a bunch of these compressions up and this one went down and then up, up, up, up, pulled back below the turning line tested the standard line perfect little slingshot trade to the high side. Next target on Apple, I would say a pretty easy one would be $240 but let’s put the Fibonacci is on here and just test this bad boy out here the way you need to do it.
So in order to do that, I’m going to remove my compression indicator really quickly. And what I need is I need a low, a high and a high or low so that high or low will that qualify? I’m a little too close to see. I can make that work. So from this low to that high to that low it does qualify. It’s close though.
So I’m saying the first target should be $228 which is where it’s at right now. Next Target $235, $241 and $245 so I would say north of $240 would be next pretty good target for Apple.
I’m going to be hosting The Insider Trading Summit to ‘’See How to Reap Huge Profits Following Insider’s Trades.’’ The webinar is going to be Tuesday and either 7PM EST or 8PM EST. It’s on here somewhere. There you go. Tuesday, September 18th at 7PM, first name, last name, e-mail address.
And then if want us to remind you can get a copy of this report just opt-in right there and I’ll see you Tuesday.
Good luck. Hope it helps. And I’ll see you in the next video.
Hubert.