Hubert Senters here.
Let’s take a look at JWM. This is Nordstrom retail. Now, let’s take a look at PCG first PCG. And as you can see PCG, can you type Hubert? No. You cannot brother. Come on. I’ll focus PCG. PCG yet a gap down below the cloud and it’s not going to do the same thing because they are totally two different sectors but I just want you to look at the chart pattern of what can potentially happen to stuff once it drops below the cloud with a gap.
And then gap again, sideways consolidation, gap and then finally put in a V bottom there and it might start to climb out and do a dead cat bounce up to $33-$34 and then rollback over. I think the same thing is going to happen with Nordstrom’s here. JWM.
It’s not going to be as bad but any time that you’re already selling off and you get down. Let’s take a look. It’s got a little support here so if it can get a little bit it might be okay but then if it doesn’t it could potentially drop all the way back down here to $40 so be careful if you are in that creature.
We are going to be doing our annual trade giving Friday after Thanksgiving Black Friday, right. If there was one way to embody my own personal version of hail. It would be shopping on that Friday so we do webinars. I know some of you love that stuff. I’m not judging. That’s great if you like it embrace it for me.
It’s my own personal version of hail so I try to avoid it at all costs. But my wife and my two daughters they love that stuff. Trade Giving Friday from 9AM EST to 4Pm EST. Here are your speakers myself. Johnny, Serge, Hima, Andrew, Jack and Toni.
You can look at the headlines of what we’re going to share with you. I’m going to hyperlink you to this page. Click that big RED BUTTON to sign up for the webinar and avoid the evil crowd.
Good luck. Hope it helps. I’ll see you on the next video.
Hubert.
