TRADING TIPS

HAS New Long with Target

Hubert Senters here. Let’s take a look at an aggressive long. The reason I’m classifying as aggressive is because it’s only got one bar above the clouds so one bar I classify as aggressive two, moderate, three, a little bit more conservative. You can get five or more better. So this is Hasbro, the toy manufacturer and it’s an aggressive long. It has had a rough time of it. Let’s take a look at the monthly chart here. You can see it. It’s had a high of $115 sold off and now it’s bouncing on the daily. And I’m going to give it a target of $96.17. I’ll go back down here to the daily chart. So $96 right up in here. It’s $90 right now. So about a six point move. Good luck. Hope it helps. I’ll see you on the next video. Hubert.

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