TRADING TIPS

NVDA Touch and Go with Targets

Hubert Senters here.

Let’s take a look the markets. Today, we’re going to be taking a look at Nvidia. It had a nice little touch and go and will probably continue on higher because it’s a bracket trade and a touch and go. So all the touch and go is you’re above the yellow line, the purple line and the big thick cloud.

Every time it touches and closes back above that’s a touch and go in other words it’s going to come down here and touches and close. Touch it and go higher and now, we’ve got touch. It didn’t go higher. And it’s actually below and now it’s back above it so it will probably go higher.

Let’s figure out a couple of targets for this bad boy here. If you’re going to follow this trade we’re going to use Fibonacci extension. We’re going to go from this low to that high to this low. Next target is obviously going to be $83, $865, $913 and $960.

I’m going to be speaking at the Wealth 365 online event. I’m going to show you how you can find powerful setups like the ones I just showed you on the touch and go and two other ones with 3 simple clicks of your mouse.

Good luck. Hope it helps. You know how to register for a webinar and I’ll see you on the next video.

Hubert.

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