Hubert Senters here.
Let’s take a look at ADPT breaking away to the high side. Probably it’s going a little bit higher. It doesn’t look too bad.
Overall not bad and IPO back here. Everything looks good. It’s taking it out so here’s one thing that I like to do on IPOs.
So either take the open or the high of the IPO and you cut that mess. Let’s say this is $49. What you do is you take $49. Let’s just round it up to $50 and divide it by two.
You want to buy the thing at $25 and for the most part out of lot of trouble so what you could do is when this thing gets to $25, I want to buy it.
So as you can see here you can either buy as it’s going through $25 here or as it’s going through $25 there.
Now, where do we think it’s going to land after it’s done that so now, we’re going to take the most recent price action and project a target one, two, three.
Next target for this thing is going to be $63, $71 and $75.
Ron is doing a special webinar Tuesday, December 22nd at 7PM EST. He’s going to walk you through the top 10 stocks to kick off the new year with a bang.
And we all know how bad 2020. You could use probably a little bang in your life.
Good luck. Hope it helps. See you on the next video.
Hubert.
1 Comment
I would like to learn more and specialize in Trading on line
Thank you
Carlos