TRADING TIPS

ESRX Short with Target

  Hubert Senters here. Let’s take a look at ESRX, Express Scripts Holding Company or corporation whichever way you call it. So, if you look at this, it trades on the Nasdaq according to Trade Station Nasdaq list. Pull up a chart of the Nasdaq at NQ and you can see a nice little sell-off one bounce, two bounce, three bounces but it’s went from here to there with three decent sized bouncing and, you know, it’s playing mumbo jumbo the sideways shuffle here with the cloud above, below, above, below, below, above, so let’s try it now. If we go back to our chart really quickly you can see it’s went down and it’s went down more than the Nasdaq which is those component it is in. It’s only had one, two bounce days. So this thing is weaker than the Nasdaq if you just look at it just like with duct tape technical analysis techniques. So I like this short. It does have a little bit of support right here. If it does break the $68.75 area, my stop if I was to short it would be $72.43 and my target would be wrapped down here at this most recent support area of $61. So if it breaks $68.75 short, stop-Loss $72.43, target $61. Tradeoff is going to be having a $5,000 tradeoff competition. You don’t have to have a $5,000 to enter it. I think it’s either a $5 or $10 entry fee. Anyway they’re going to teach you some cool stuff first. There’s going to be a one hour long webinar, 30 minutes teaching you how to trade in a certain manner. And then you can trade that way in the tradeoff competition. But we are given $5,000 in cash away. That’s real $5,000. It’s not prizes or something that’s valued at $5,000, it’s actual real $5,000. So go and sign up CLAIM MY SPOT NOW. It’s going to be Saturday, March 31st. Webinar starts at 10:00 AM EST. I would say Mark will teach you for about 30 to 45 minutes, give you enough time to sign up for an account trade tradeoff and then turn you lose, probably do a couple of practice rounds and then practice, focus, try to beat the competition and win your share of the $,5000. Good luck. Hope it helps. I’ll see you on the next video. Hubert.

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