Hubert Senters here.
Big mover today 18 percent. It’s a big move for Tesla. Massive. Be careful. If you’re long the thing I would recommend taking some type profit if you short it today. if you time it perfectly
it might have made you money.
For me, I like these good oldfashioned bracket trades. If you look at here already had a good oldfashioned bracket right back here.
It gap up right here and then took out that high $651 and now it’s trading at $894. Do the same thing with this bracket. What you’re going to do is you’re going to mark the high, mark the low.
If it comes back down to $835 potential short with a very tight stop so that you don’t get smoked. If it goes higher that $969 you could get a potential long there and you might be able to get a little bit more jump.
Just be careful. This stuff is high caught and it is very pricey. And with ranges that thick you maybe load into a full sense of security like it’s always just going to go up. The range if you don’t get in and out at the right time the range will absolutely reap you so just be careful.
I know you got to see stuff like this in the news like it should been long Tesla, maybe. You might be able to make easier money with less stress and something else.
Now, talking about patterns Mark Helweg is going to be doing a special webinar on ”4 Winning Chart Patterns Every Trader Should Know,” Wednesday, February 5th. I’m going to HYPERLINK you to this webinar registration.
Good luck. Hope it helps. See you on the next video.
Hubert.
