TRADING TIPS

HON Breakout or Bracket Trade

Hubert Senters here. Let’s take a look at HON, Honeywell International. I’ve got a line on the chart here. That is for this most recent resistance area which it has so far successfully broken through so you can go ahead and get long here with a stop of $164 and a potential target about $180, $185 or you can just do a good old-fashioned bracket trade. In that bracket trade would be as follows, long above $169.98 or short below. I’m trying to be accurate here. Short below $166.10. Folks over at Vantage Point are going to be doing a special webinar Thursday, April 24th at noon EST. They’re going to walk you through their software how it works and their unique one to three day prediction algorithm which will tell you whether the thing that you are looking at potentially trading should go up or down over the next one to three days. I will HYPERLINK you to this form. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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