TRADING TIPS

LULU Breaking Out After Hours

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Hubert Senters here. Lululemon after the closing of 60 minute chart here ramping up. Obviously, probably going to do a gap up yesterday since it close around $380. And now it is up more than $41 points so I might have a decent trade tomorrow on that one. Let’s go for a $27 like to a daily chart. So $427 we’ll put it. Clearing those most recent highs. That could be a nice little gap up with a potential bracket tomorrow on the higher the low. So if you’re going to trade it get on it because it’s trading. If you’re going to wait like me because I’m a little bit more conservative. Wait for tomorrow’s action. Just let it play out. Let the range gets established. Just watch it tomorrow. Watch out on a smaller timeframe chart. And just get a little to fill for it. And then the day after to gap up or the gap down situation. And then you can usually pick up the pieces with a little bit more certainty and heads up, there’s no such thing as anything certain in the market but it helps a little bit. I have been asked to speak at the Wealth 365 online event. I will be discussing how to use their platform on how to scan for the markets. They have one of the largest. If not the largest online multi-speaker event. I’m going to HYPERLINK you to the registration page. First name, email address and optional telephone number. If out 32 days I will go ahead and register because Zoom only holds so many people and at that point you’re probably going to get kicked out. I know GotoWebinar we capped them at a thousand. Zoom’s got a little bit larger cap. But if you want to secure yourself a ticket register early and often. Good luck. Hope it helps. See you on the next video. Hubert.

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