Hubert Senters here.
Let’s take a look at eBay, BBAY. Potential long. Just a first close above the cloud. Big range for eBay here. Low of $34. High of $39 so big range for a $30 stock.
8 percent move bracket. Makes sense here for tomorrow. Bracket trade above $39.25 potential long bracket below $34.42 potential short.
So if gets above $39.25 tomorrow getting long to the high side. Makes sense. If it breaks $34.32 then it will probably take out $34 and go a little bit lower.
Mark Helweg is doing a special webinar tonight ”4 Winning Chart Patterns Every Trader Should Know,” Wednesday, Febraury 5th at 8PM EST. I will HYPERLINK you to the form.
Good luck. Hope it helps. See you on the next video.