TRADING TIPS

Let’s Take a Look at HAS

Hubert Senters here. I had a question from Tony wanted me to take a look at Hasbro which symbols HAS. I mean it’s kind of dead money at this point. I mean I could probably sell you. I mean it’s a better short term long. It’s below the cloud therefore I would say it’s a better short than long. It had a gap down situation with a bracket and it’s pushing lower. I could sell myself either way and anytime I can sell myself either way for me it’s just a pass. So it’s either going to be a hell yes great looking long or hell yes great looking short. Or just a solid no for me. So for me this would be a solid no. Just because I would become if I’m coming to the trade and it’s at the price it is right now $95.41, what’s the point? I mean if it did close above the turning line around $95.92 I would get long place to stop at the low here at $92.34 and target halfway between the yellow and the purple or to the $107.82. Unfortunately it’s below the cloud so that’s not a great set-up. So for me this is just a pass now so I wouldn’t go long it, I wouldn’t go short it at this point. I would just pass. Now, if I was already short from the bracket breakout to the downside around $98.94 my stop loss would now be $98.94 and I would be trying to target area of like $85 bucks. Hope it helps. Mark Helweg is doing a live webinar tomorrow Friday, November 15th. My goodness November’s halfway gone . ‘’How to potentially profit from Huge Market Moves without Predicting the Direction. I will LINK you to the page. Good luck. Hope it helps. See you on the next video. Hubert.

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