TRADING TIPS

GRMN Bracket Trade

Hubert Senters here. Let’s take a look at Garmin, GRMN. You know the company used to do the navigational systems in your little square on your dash and stuff. Now, it uses their iPhone or their Android phone. But anyway, they’re still business and actually looks pretty good here. Nice little gap up situation for a bracket trade. ADX is $22.33. It’s breaking away to the high side, it’s got a lot of room to grow so let’s do a bracket trade here. Potential long above $95.80, potential short rap below that gap up situation here. I’m going to make that color red or I’ll speak the same language. Bracket trade $95.80 to the high side short side $91.34. If I was doing the short I would target the gap. If you’re going to do the long you got to look back here and see. Let’s take a look here and get a target from this. We’re going to go one, two, three so the next target I would say $98.92 to $101.85. Mark Helweg is doing a special webinar tonight on ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction’’ which is a lot of things that a lot of people suffer with like figuring out which way this thing’s going. This strategy oddly enough you don’t have to figure that out but all of these bracket trades that I send you on these free videos it’s kind of like that strategy just on steroids. It’s going be Wednesday October 30th at 8PM EST. I will lead you over to the registration page. Just click CLAIM MY SPOT NOW or you can scroll down and say yes claim my spot now either one. Good luck. Hope it helps. See you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *