TRADING TIPS

ABBV Swing Trade with Targets

Hubert Senters here. Let’s take a look at ABBV. I’m doing this video on Sunday around 1:30 PM and on Friday. We had a nice little rally here and ABBV so let’s take a look at some potential upside targets on this. Now, you can see it’s closed a couple times, a couple of days actually. That one is going to qualify as a very close call but it did close above the cloud. And then Friday you had a nice rally there. So you got a little bit of known resistance right here and what I’m going to do is I’m just looking on here an eyeball on that’s around $95.79. Then you got a little resistance right in here in this area around $99.10. And then you got some right here in this area of around $140-ish all the way up to $106. I’m just going say $105.50 so right up here in this area. So how do you place it straight? You’d Monday potentially get long ABBV with a stop-loss that you’re cool with. I’m going to walk through the swing trade analysis on this one so the stop would be $89.59 from an entry of $94 so it’s decent size stop-loss target one, target two and then target three. And if it hits target three you might have a decent trade if the market will continue to go higher for you. I’m going to do another webinar on ‘’ The 1% Club.’’ Now, unfortunately I will be out of town Monday and Tuesday at a mastermind that I’m a member of and could people continue to register for the webinar? Currently there are 4,368 people registered for the webinar and GotoWebinar has locked up on us a couple of times now because it only holds a thousand people so I’m trying to do is I’m trying to take care of as many people as I can. So I’m going to have to do at least one more webinar to give everybody at least one good shot. And we might do more, we might not. This all depends on the demand stuff I get you guys understand that stuff but anyway I’m going to HYPERLINK you to this. This is going to happen Wednesday, December 5th at 8PM EST. First name, email address. You can read down here about what this is. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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