Hubert Senters here.
Had a question from a viewer asking for a potential target on Amazon. Let’s figure this out so I’m going to use yesterday’s low even though it may go a little bit lower.
Let me check this futures really quick. Nasdaq futures are down $15 so it could pullback a little bit. But I could still give you a potential target to the high side here. Obviously it looks like it’s going higher. It’s above the cloud, turning line, standard line.
All the good stuff. We’re going to go point one here, low, high here and then we’ll call this the potential low. Now, one thing you could do is it could potentially pullback to the turning line so we could do it right there.
But I’m going to call it yesterday the low just because it’s a little bit more solid right now. Click one, click two, click three. How many leaks does it take to get to the center of the tootsie roll?
And the target is $2,825, $2,893 and then $3,000 and then if it can continue to climb $3,114 and $3,181.
I’m going to be doing a live webinar today at noon EST on how you can potentially invest on hot new start-ups that could go on to become the next slacks beyond meet Tesla, Netflix, Google all that good stuff. It will be today at noon EST. I’ll HYPERLINK you to it.
Good luck. Have a great weekend. See you on the next video.
Hubert.
