Hubert Senters here.
Let’s take a look at Apple. We’ve got a little bit of a slingshot trade. That’s not a perfect slingshot trade.
It’s not a perfect set-up but it did come up in my scans. One that is close back above the turning line.
And as you can see slingshots that reverse like this. Pulls back to the yellow purple and then goes back above the yellow.
And this right here they’re both right on top of each other so it’s more of a consolidation trade. But you can see that the cloud is starting to hook up both the upper cloud and the lower cloud.
Unfortunately, the ADX is still little low at $13.72 but a lot of people loves to follow Apple so I’m showing you what it’s doing so let’s get a little target going on this bad boy.
So we’re going to go one, two, three and see where it can potentially go. Pretty simple. One. Two. Three. Next target for Apple $136, $142 and $152.
Good luck. Hope it helps. See you on the next video.
Hubert.
