Hubert Senters here.
Let’s take a look at ABMD. It’s a buy tick stock. But anyway, last week on the rest on the market was rallying pretty good. This thing couldn’t get out of its on way.
As you can see, last week was still down today across below the cloud so that’s a decent short signal in my opinion. And I think it’s going to go down here and break these most recent new lows at $159.65.
If it breaks those well then ladies and gentlemen, let’s see if we can back up and find. It’s still fall a lot. It could take out this area around $153-ish so it’s probably going to go here to $170, $153 and then to ultimate resting place potentially around $114 so add ABMD to your potential list of short things.
As you can see the week is definitely already a sell. And then you look at the daily and all the daily did a quote back up and now back below targets $170, $153 and $114
Good luck. Hope it helps. See you on the next video.
Hubert.
