Hubert Senters here.
We’ve got to update our targets on Moderna because it already hit the $244 area. Now, we don’t have to update. I’m just telling you it’s hitting one. And the next target is probably going to hit is $275, $306 and $325 so be on the lookout for that.
Now, what you can do is since we’ve got a little bit longer term timeframe here it’s on a daily chart but I’m going all the way back to may-ish to start the room. If you want do a little bit more accurate if you see a Fibonacci layers over laying on top of each other we call that a Fib cluster or there’s all kinds of different names for all the stuff it’s crazy.
I’m going to do this right here. I’m going to go from this low to that high to this low and see if anything else kind of jives. So this one jives and now we’ve got an area of $267 to $275. And then right here you’ve got $299 to $306 so I would throw out $287. So what you’re looking for is when you get really close to each other like this one right here $244, $247 that’s a cluster.
If you have gotten more than two that’s even better. And then this one right here I would say $267 to $275 I would throw out $287 is too far away. And I would say $299 to $306 that’s how you do it. Now, if you’ve ever been smoked trying to trade earning season Dan can probably help you How Earnings Trading Can Be Your Most Profitable Trade Wednesday, July 14th at 7PM EST.
He’s going to be discussing this stuff right here and if you’ve traded earnings and if you’ve ever had your teeth kicked in or your butt loop by earning season you might want to learn what he’s talking about.
Good luck. Hope it helps. See you on the next video.
Hubert.
