Hubert Senters here.
Let’s take a look at EA, Electronic Arts. Now, this is not a perfect set-up. It’s not below the cloud but it is close. It’s close enough that you can add it to your watch list and watch it over the next few days or next few weeks. This is going to be a bracket trade off of an earnings announcement obviously.
If it goes above $81.66 decent long with a target of $85.68 and then after that about $90 if it breaks down below $78 then the first target will be in the area of $75 and then after that we’ll just do good old-fashioned risk reward ratio and then after that point we’ll be trying to go for $65.
Let’s take a look at the bonds right now. So in tonight’s webinar I’m going to show you exactly how to do this type of stuff in this trade. I’ve been in it since yesterday not a lot of heat on it. I originally risk $156 on it. I have gradually trailed my stop-loss up to $6,250 so worst case scenario I’ll make $6,250.
Currently right now we’re up $1000 dollars. We were up $1031.25. We’ll see how this goes throughout the day. But this is the type of stuff we would be teaching you tonight on the webinar. And if you can count on your hands not your toes just your fingers then you’ll be able to handle this stuff too. It’s really simple. It’s really easy and I think you’re really going to like it.
Good luck. Hope it helps. And I’ll see you on the webinar tonight.