Hubert Senters here.

Let’s take a look at AMD, Advanced Micro Devices. Competition to Intel still looks like an investment a little bit more medium to longer term hold. It looks good. As the market’s been going crazy up and down it’s kind of just been chugging sideways to slightly higher. It’s got a nice little slant to the up direction.

It’s getting ready to take out its most recent high that it put in a couple two to three weeks ago which is just going be around $34.34 with a potential target. It’s got a little double banger. Next target is going to be north of $40. Now, I don’t know when that’s going to take place. A lot of people ask me like ‘’hey, you put targets out here but don’t give time things out there?’’ Heads up, I am not a fortune teller. I don’t do that. I don’t have a crystal ball. If I did I would own a private island somewhere and I wouldn’t be talking to you.

But anyway, if you want to kind of back into that stuff a way that you can do it you can try to figure out what the average true range is so let’s say that the Average True Range. I’m going to place the Average True Range on this bad boy. I’m going to Average True Range. This won’t work perfectly but it’ll get us close or than we are right now.

Average True Range is a dollar far, less is down. Let’s just convert that down to about and if we know that we’re thinking it’s going to go to $40. So I’m going to will say the Average True Range is a buck so I’m going to remove that from a chart again. And I think it’s going to go to $40 then I would go $34. I’d go 40 minus $34. It’s pretty simple math there.

And then you know how about how many days it’ll take to get there. So if you go 10 minus 4 equals 6. Now, it’s not going to go up a point every day as you can see this. This chart of A and B does not just go up or up a point a day that would make it too easy. So what you do is you can say okay, you’ve got six points there that we need to play with and then you double that and just say well if I take two weeks to get there so it could get there in as short as 12 to 14 days but it will probably take a little bit longer than that. And that’s what you’d be looking for.

Mark Helweg is doing a special webinar tomorrow night at 8PM EST on ‘’How to Potentially Predict Big Swings in the Market using Nature’s Own Golden Ratio.’’ Obviously, it’s about Fibonaccis. And I’m a fan of Fibonaccis and Mark’s going to teach you how to use these things to your advantage.

I’m going to HYPERLINK you to the form. All you have to do is fill it out after you click that big yellow. I guess it’s a rectangle that says claim my spot now.

Good luck. Hope it helps. See you on the next video.

Hubert.