TRADING TIPS

MAT New Sell Setup

Hubert Senters here. Let’s take a look at Mattel. Mattel just cannot catch a break, can it? So below the cloud which is a short ran up above the turning line to the standard line above the standard line to the belly of the beast which is the bottom of the cloud. And for this case scenario it’s a short, busted its head or bumped its head on the overhead resistance there. And then what you do is get it, let this thing close today. And then your first target will be $11.20 which is pretty close. And then you got $10.87 and then down here you got a low round $9.65-ish so it’s a potential short for Mattel, MAT. Good luck. Hope it help. See you in the next video. Hubert.

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