Hubert Senters here.
Let’s take a look at a potential bracket trade for tomorrow. Today is Thursday. Tomorrow would be Friday. Not sure if you’re going to get a bracket entry on it tomorrow because it’s fairly good size bracket.
And it’s a big gap. But it’s worth watching going forward because it’s either going to climb higher or it’s going to roll over. And there’s no way it’s going to trade at a dead sideways $453 at the rest of its life.
So potential long above $460-ish. Potential short below $423. Let’s take a look at in the past here and see what it’s done. Yeah. It won’t trade sideways forever. You can see it’s build a good base through 2010 all the way through 2017. It’s got an upward slant to it. And then you got some definite volatility here I would say in 2018 all the way to 2020.
Overall it’s taking out on those highs. It will probably go higher. But bracket trade with the official bracket trading rules. If it goes above these lines long if it goes below that long, short.
Good luck. Hope it helps. I’m going to HYPERLINK you to Mark Helweg’s registration page for his webinar that he’s covering on ”How to Take Small Risk and Target Massive Winning Trades.” It will be tomorrow at noon.
Good luck. Hope it helps.
See you on the next video.
Hubert.
