TRADING TIPS

MRNA Pullback Plan

Hubert Senters here.

Let’s take a look at MRNA, Moderna. Obviously, it’s a covid play or a delta variant play. You know, it’s just going up.

And now, it’s pulling back. A lot of our targets were hit $374, $409, 466, $522 and $557.

We’re not hit because nothing goes straight up and straight line. If it did this will be really easy to do as a profession and it’s hard to do.

So what you’re going to do is you’re going to remove these lines because now we’re going to look at pullback.

So couple of different ways you can go from. You can start down here is probably where I go it from. What you’re looking for is these lows.

That’s too deep of a retracement there. This one might work and that one might work so I’m going to show you what I’m doing.

Fibonaccis I’m looking for from the beginning of the buying to the end of the buying. Right there perfect little ambush.

Now, you have to have the cohones or the ovaries depending on your persuasion there. Now, I really don’t care what you are. Doesn’t matter to me.

You can buy it as it’s pulling back through $383 or you can buy it as it’s coming in here to this zone at $383.90 to $357.40 or you can buy as it’s going back up. Pick your poison.

Both can and have work for me in the past. So you can do that and obviously you want to use a stop loss something that you’re cool with. And then you’re going to obviously target those other targets that it pullback on.

I’m going to be doing a special webinar presentation Friday, August 13th 10AM EST The Mother Of All Bubbles Friday, August 13th at 10AM.

Good luck. Hope it helps. See you on the next video.

Hubert.

 

 

 

 

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