Hubert Senters here.
Let’s take a look at Lululemon. We’re going to do a potential price target. Obviously higher. I think they just bought a fitness company like a piece of equipment you install in your house. Now, they’re going to start competing with Peloton and those companies. But anyway, what we’re going to do is we’re going to locate a low, a high and then a higher low.
So in this case scenario it’s not perfect but I want to walk you through how I would do it. First how you have to do this is it has to look something like this. It has to be low, a high and then a higher low. Those are the rules. You can go one, two, three. And then it’s going to forward project for you up in here targets that may be hit in the future.
So what I’m looking at that obviously this is my low and then I have to go to a high so I could go here. But that ones not going to qualify because it’s higher than that. I can’t do that so I’m going to go here and then I would have to go here, these two here and I’m going to go back all the way to this one right here. I’m going to go on, two and then I’m going to go three. Let me look at it for just a second.
So I am cheating a little bit. I’m throwing some lines on here. I could use that one before a little bit longer term perspective. I’m going to use this one down here. I got my plan now ladies and gentlemen. Point one. Point two. Or both of these two here.
And then point three is going to be right here. Now, we’ve got a target of $323, $347, $385 and then $424. I’ve been invited back to the Wealth365 event. I’m going to teach you how I scan the markets for better trades. And how I avoid the ones that I don’t think are great. I’m going to HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video.
Hubert.
