TRADING TIPS

MELI Bracket Trade

Hubert Senters here. Good old-fashioned bracket trade ladies and gentlemen. It can be done as quick or as early as tomorrow. You won’t let it gap up like it did today. Now, here’s the deal you never know when these things gap up. But you kind to know a little bit on earnings so to gap up or gap down. Don’t play that unless you got really good system that you have an edge. Now what you’re going to do here based up on this gap information which we have no idea why it gaps. Nor do I care. You may care but I don’t care. To each of this own. What we’re going to do is we’re going to bracket this. We’re going to say $778. Let’s just go $779 because that’s point 99. Above there will be a decent long in the opinion of the price action doing in an open range breakout after a gap. An open range breakout is just means it’s going to make a new high or new low. Or you can short it if it goes below $272 with a potential target of half a gap fill or a full gap fill. That is MELI potential long above it $779. Potential short below $727. I’m going to be doing another special webinar on investing in startups and angel investing live this Saturday at 1PM EST. I’m going to HYPERLINK you to the registration form. You can read some of the bullet points, the headline, all that good stuff register. And I’ll see you Saturday at 1PM EST to talk about ‘Why The Rich Are Getting Richer: And How You Can Copy What They’re Doing.’ It’s not hard. It’s not difficult. You don’t need a bunch of money to do it. I’m going to show you probably more than before that. Good luck. Hope it helps. See you on the next video. Hubert.

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