TRADING TIPS

New Targets for BMRN

Hubert Senters here. Let’s take a look at BMRN, Biomarin Pharmaceuticals. Heads up, anytime you deal with a vial tech stuff you have to be careful  because they can go through phase one, phase two, phase three and then they’ll jump up on anyone of those faces and then they’ll just collapse on them. So be careful when you are trading this type of stuff.  Let’s take a look at a potential long here. It looks fairly decent. We’re going to see if can we figure out a projection on a Fibonacci Price Extension Line so we’re going to draw it from here and then here. A low, a high and a higher low. And then that it gives us an idea where it can potentially go in the future so we’re going to go click one, click two. And then I’m going to use this one down here, click three.  Potential target of $125, $130, $139, $147 and $152. And no I’m not joking. I am actually Dyslexic so if somebody takes offense to that, I am. I have been for a very long time. Good luck. Hope it helps. See you on the next video.

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