Hubert Senters here.
Third installment on the bracket trade on earnings. This is Boeing. Symbol is BA and yesterday’s video we recap and you had a decent entry on either this day yesterday or the day before yesterday depend on which one you done, $392.14. It is now trading at $410 so you got a nice little profit.
Now, place your stop as close to your entry or slightly above and see how high this thing can go. The one thing you can do is just look back in the past. We can look at weekly charts see if we’ve seen any resistance there. No. Looks about like its high has been a while. So what you got to do now is you got to do a little projection.
I’m going to do a monthly one. It’s going to be a little hard but I think I can pull it off. Let me remove this line here and I’m going to go from a low of here to a high of here to the low of here. It won’t be ideal but it will work for us so next target will be $442 to $465.
I’m going to be doing a special webinar on ‘’How to M $6,281.25 in 10 days without risking more than $312.50.” That’s going to be Wednesday, February 6th at 8PM EST. Click that YELLOW BUTTON right there to register for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.