Hubert Senters here.
Let’s take a look at DHI, DH Horton. Real good about looking up trend does not look like the rest of the stock market which at this point is probably plus. A very good uptrend. I like it. What we’re going to do is we’re going take two points for a target in a potential trade here.
So what we’ll do is we’ll take this low go to this high and then drop in this low and by the magic of math — magic math. We now have a potential target on DHI on $54.78, $56.37 and $57. 36. So if you were to go long at $53.42 two different stops that you could employ.
$52.05 or $50.99 let’s round up to $51 so whichever one you’re cool with $52 even if you want to or $51 if your entry would be around $53.41 these would be your first three potential targets.
Mark Helweg is going to be doing a special webinar on ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction of the Market Moves’’ which would be useful right now because the market is crazy. Wednesday, October 9th at 8PM EST. I will HYPERLINK you to the form.
Good luck. Hope it helps. See you on the next video.