TRADING TIPS

AYX Sleeper Trade

Hubert Senters here.

Let’s take a look at AYX. A little sleeper trade. As you can it has been below the cloud. It’s built the sideways consolidation base and now it is above the cloud by how many days.

Let’s check it out here really quick. Four days. The ADX just crossed above $20. I think it’s going to go next.

What we’re going to do is we’re going to do a simple fibonacci retracement called an ambush target usually stuff for trace about a half from the beginning of the selling to the end of the selling to the next target for this creature is going to be $107.

Now, it’s not just going to go straight to $107. Obviously, it’s going to take out these most recent highs once you did that and then you got another one right here at $91. You’ve got another support level here at $96 but ultimately a good target is $107 to $115.

Trade Thirsty is hosting a multi-speaker event. Here are your speakers and what they’re talking about. I will be leading off the event at 9AM on a Saturday, June 26th. I’m going to HYPERLINK to the registration page so that you can register.

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

Hubert.

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