Hubert Senters here.
Let’s take a look at Tesla. So Tesla’s in an interesting position. It is as one of the biggest percent net gainers on the day for the Nasdaq, so it’s up 4%. It’s up $13.49, that’s a great long, easy.
So it’s got a little bit of a congestion here when you look at it. It’s just a lot of moving parts right here. A lot of back and forth, back and forth back and forth, back in the 90s, back in the day. They used to be this company called channelingstocks.com.
I don’t know if they’re in business anymore but that’s what that looks like. But see how the ADX is at $17.46 and it’s close to $20. But you got the sideways shuffle going on in that pattern in the blue rectangle plus you have a non-trending so for me I would just stay away from this right now and wait for it to make affinitive.
Yes, it’s going higher or yes it’s going lower and let the ADX kind of catch up to the trending classification to let you know it’s probably safe. So for me I would just leave it alone for now.
I’ve been asked to be one of the special guest speakers at the ‘’Toast Of Traders’’ events at 9:00 AM. I think I’m the one who is going first because we’re going to give away $5,000.
Well, we’re not going give it away. You have to compete for it. I’ll tell you about that in just a second.
Anyway, if you’re interested I’ll be doing a State of the Market. Just going through scanning the markets tell you where I think they’re at and what they’re trying to do and where they’re going to go next. I’ll spend about 30 minutes on that and then we’re going to do a tradeoff and where. Let me log into my trade off account really quickly. So like I stated earlier, I’m going to be talking about the markets for about 30 minutes and then we’re all going to go over and compete.
Well, I’ll be in master of ceremonies. I’m not going to compete but I’ll watch with you guys and I’ll show you how to use the system at full disclosure. I’m an early investor in this company but I’m not in the day to day operations.
But anyway, it’s a great concept now. I like the company. So what we’re doing Saturday is we’re giving away a prize pool of $5000, so how it’s going to work is the following.
So it’s $5 they enter. So not a big deal. And I think we may be gifting you the $5. I’ll have to check on that. Anyway, we’re giving a total of $5000 payout and as you can see first place — even if you have to give us $5,000 to compete that’s fine.
First place is going to be $964 then second $482, third place $322, fourth $241, fifth or tenth $137, all the way down here to a hundred people are going to win. If you’re 51 through 100 you’re going to get $12.48 which is basically doubling your money.
Currently, right now there are 26 people registered to do so. And if you don’t want to come to the trade thirsty thing and listen to me about what I think the markets are doing just go over and sign up and have a registered account and come over there at the trader challenge.
It’s going to be 9 minutes and 32 seconds. Speed is going to be medium all versus all competition top and a prize pool of $5000.
I am going to hyperlink to the trade thirsty thing around here.
Good luck and hope it helps. And I’ll see you on the next video.
Hubert.
