Hubert Senters here.
Let’s take a look at Nvidia. Last week we found this it was above the cloud. You can see there’s one day, two days, three days.
Depending on your style. You can either go day one, day two or day three. Actually, that would qualify day one right there as I zoom in on that.
I didn’t find it until that day right there though. So if you’ve missed this trade and you’ve missed the move from here, here or here and you didn’t catch up a little bit of profit here’s the next setup that you can potentially make you some profits.
You’re going to let it pull back below the turning line. Look at there it’s already doing it. Now, the next thing you want to have happen is you want it to close above $619.
You don’t have to close above $619 so that yellow line is $619.96. Let’s just say $618 or $620. So above $620 if it trades or closes above $620 your job is to get long.
And then use this as your stop loss $592 and then the target would be north of $680 around $700 to $720. Now, obviously if you’re not cool with this trade don’t take it and you should never trade more money than you can afford to lose.
And you should always use a stop loss. This is what we call a touch and go and what you’re looking for is either touch the turning line and then bounce off of there or gently go below but then whip back up above it.It’s a continuational trade and if you track it next week it might work for you.
I’m going to be doing a live webinar Saturday at noon on how you can potentially make a $1000 or more risking only $156.25.
And it’s not trading stocks or options and you don’t have to worry about earnings or gaps or any major news announcements coming from a company.
So I’m going to HYPERLINK you to this. All you have to do is click this button right here REGISTER MY SPOT NOW and then first name, email and telephone number and I will remind you to show up to the webinar.
Good luck. Hope it helps. See you on the next video.
Hubert.
