Hubert Senters here.
Let’s take a look at MMM also known as 3M Corporation. It had a one day buy signal above the cloud today. The only thing I don’t like about the chart is the ADX is little low.
$16.56. It’s a little low but you might be able to deal with it.
Never in the ADX in the chart is a little lagging so that’s okay. Ideally, it will probably work its way towards $160 and take out this most recent highs at $163. I would trade it like a good old-fashioned bracket trade whether it’s news somebody buy into him. It doesn’t really matter to me. It’s still bracket trade.
There’s a gap. There’s an open window. There’s an open door here. It’s going to be close or it’s going to go higher. So above this area of $149.93 potential long or below $142.68 potential short.
Mark Helweg is going to be doing a special webinar on a ‘Simple Blue Dot-Red Trading Strategy for Stay-at-home Traders.’ I’ve seen this thing. I’ve used the thing. I like it. It takes a lot of the thinking process out of your hands so you kind of just couldn’t react to the dots.
It was developed from one of Mark’s award winning hedge fund strategy that they actually run award from. So take a look at it. You’re going to like it. It is definitely a good system if you don’t have a lot of experience or if you’re tried looking at charts and get confuses stuff like that.
It can kind of filter through a lot of and go the trends up here’s my buy signal, here’s my stop, here’s my target. I will HYPERLINK you to this registration form.
Good luck. Hope it helps. See you on the next video.
Hubert.
