TRADING TIPS

DIS Hit All The Targets – Now What?

Hubert Senters here. We had a target on Disney and it jumped up and exceeded all expectations so we’re going to have to update that so. You don’t have to start from scratch. You still got your tools on your chart. And if you’re not familiar with what I’m using. I’m using Trade Station and I’m using a tool called a Fibonacci Price Extension Lines. Some people call them extensions. Some people call them projections. It depends on what platform you’re using to chart you’re stuff on. Now, in this case scenario I want to go low, high, higher low. And I did. That’s a low, high, higher low. And then four projections and is giving me those numbers right there. It’s exceeded all of those. All you have to do is super simple. You don’t have to re-do it. You can if you want to me. You don’t have to. Just grab your tool and go back to the next low. No. Still pass that one. Now, I grab my next low. That one worked all of those targets and then hit. We’re going to grab one more time and right here. Now, I can work with that. Low. High. Higher low. This is not perfect. But it will work when you get something that’s going vertical to help you kind of make a better selling decision or if you want to hold on to a little bit longer. So next target for Disney is going to be $184 and $189. Now, heads up, after things gap up sometimes they will pullback so be ready for the pullback so that you’re not surprised by. I’m going to be hosting a special webinar Wednesday, December 16th at 7PM EST. My special guest is going to be Steven Brooks. If you’re frustrated because you’re not consistent or maybe you’re not profitable at all. Maybe you’ve never been profitable and heck, I can relate. I don’t make money everyday, every week, every month, every year. Sometimes I get the market. Sometimes the market gets me. I bet you’re a lot like me. If I was to track all my track record I would probably be saying I’m only about 45 to 55 percent correct. In my analysis about how I try to make money is I have a good risk reward ratio so I don’t have to be right a ton. Some of you may either struggle with being either unprofitable or inconsistent. Steven has a really simple approach and it’s very effective. I am impressed by it and I think you will too so come checkout the webinar. Good luck. Hope it helps. See you on the next video. Hubert.

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