TRADING TIPS

BIIB is Melting

Hubert Senters here. BIIB is melting in my opinion. Let’s take a look at BIIB drop like a stone gap down. So you have a bracket trade that you can do. And bracket trade is just bracket the high and a little up here for you on the chart. The high would be around $270.53. The low would be around $258.84.  If it breaks one of those get either long or short. But short looks better to me just because it’s below the cloud and pushing lower. It’s got a little support here in this zone of $270 to $258. I personally think it’s going to drop down in this area of about $226 points so be on the lookout for a drop of about $258 to $226 on BIIB. I have no idea how this long is going to take. I don’t think it’s going to take years. I don’t think it’s going to happen in days. It will probably take weeks or months to get there. Mark Helweg is going to be doing a one last webinar Friday, June 19th at noon EST.  ‘How to Potentially Profit from Huge Market Moves’ Without Predicting the Direction. The service is quite performing quite row right now. You might want to check it out. I’LL HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

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