Hubert Senters here.
Let’s take a look at Google. I do a scan at the end of the close every day actually I do three different scans above or below the cloud. Newly above or below the cloud for new longs and new shorts on a daily and hourly and a 10 minute.
So this is the 10 minute that Google fired off back here 8/24, 10 minute buy signal. And there you go. So that’s Friday, right. So the 10 minute box signal has developed into a 60 minute buy signal so usually a 10 minute buy signal is good for 34 hours.
A 60 minute buy signal is usually good for three to five days so this will be one day of that so it should continue to go up. Now, what I’m doing is what I’ll do is I’ll take a look at. Here is the most recent high and low. This is the most recent high area. This is the most recent low area. It’s probably going to go at least up here to $1,238 to $1,246 so you got at least another 10 point move there.
If you’re getting it at the right spot and you don’t get stopped out if it does clear the $1,246 area next place it will go is right up here the overhead resistance at about $1,263.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
