TRADING TIPS

FTNT Long Trade Setup Up with Targets

Hubert Senters here. Let’s take a look at the markets. In particular, we’re going to look at Fortneit, FTNT. You got a nice little touch and go. And a touch and go is pretty simple to understand. It’s right here. You pull back to the turning line. You touch it and then you go higher. You pullback to the turning line and you touch it and go higher. It’s not a perfect one. This one it almost is a slingshot. A slingshot is where it comes down here touches the purple line and it goes back up to the turning line. That’s not either one of those. It’s kind of an in between trade. The good thing is it’s above the cloud and it just recently cross back above the turning line which implies it wants to go higher how much higher. I’m glad you asked. Let’s figure that out. Let’s go from this low here to that high to this low. Next target for Fortneit is going to be $209, $219, $236, $252 and then $262. Mark Helweg is doing a special webinar on The Explosive Trading Pattern for Trading Options. It’s going to be Saturday, May 1st at 11AM. I’m going to HYPERLINK you to this registration page. Good luck. Have a great weekend. See you on the next video. Hubert.

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IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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