TRADING TIPS

Breakout Buy Signal with Targets

Hubert Senters here. Let’s take a look the markets. In particular we’re going to look at the ticker symbol DOCU, Docu Sign. It’s probably used during a covid administration. We got a potential long. Not a potential. It is an aggressive buy signal right here at $234. Now, if you want to wait two more days there’s nothing at all wrong with that. That is valid strategy. Overall, this thing will probably continue to rise higher and test these most recent highs around $269-ish to $275. I’m going to do a Fib down here below it to do a little calculation to see where I think it’s going to go next $241, $258, $274 and $284. And then you can throw wherever that lands in between both of them really so that’s in line of what we’re looking at. Mark Helweg is having a special webinar Tuesday at 8PM on The Explosive Traffic Pattern for Trading Options. All you have to do is click this little button right here CLAIM YOUR SPOT NOW and that will help you register for the webinar. Hubert.

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