TRADING TIPS

EURN Breakdown for Tony

Hubert Senters here. I have a question from a viewer from Tony. Question from Tony look to see what are your thoughts on EURN. Thanks Tony. I’ll take a look at this. I have no idea if you’re long or short but I’m going to tell you what this thing is doing. So currently right now it is in trending mode. It’s a little chappy in nature. It’s been chappy basically 2020. We’re currently right now on a daily chart. It is below the cloud. For me I would tend to stay short until it got back above the cloud probably around $9.36. Let’s see what the other timeframes are saying though. The 10-minute is saying it’s on 10-minute buy which makes sense because it’s bouncing on the daily. It’s going to work its way to about $9.04. Let’s see what the hourly says. This is a pretty common. This is a good example of a multi timefram analysis working in combination so you have a 10 minute buy signal and it’s going to rally into where a 60-minute cloud so it needs to get through that. What I would do is I would wait if you didn’t get looking get long and riding it to that area I would wait until EURN close above $9.36 above the cloud. And then I would get long in my target. It would be up in the area of $10.30 or so. I’m going to be doing a special webinar on ”Discover How To Invest In Hot New Companies Before They Go Public. They Could Go On To Become The Next Uber, Facebook, Tesla or Zoom.” The private markets folks called the Angel Investing so you could if you are good at this stuff and if you have some really good deal from. You could potentially find the next hot companies before they go public like Uber, Facebook, Tesla, Zoom, Amazong, Slack, Shopify. That’s what we’re going to be discussing on Wednesday, September 9th at 7PM EST. I will HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

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