TRADING TIPS

PFE Next Price Targets

Hubert Senters here. Let’s take a look at PFE because it has exceeded all of our profit objective so we got to reset this bad boy from previous charts so I’m going to remove all these lines and we’re just going to start fresh with some new analysis. Not going to be too hard. Just going to scroll this up here. There’s a couple of different ways you can do this. I’m going to show you the way I like to do it but you can do it whatever you like. So what I’m going to do is I’m going to go from this low here and then I’m going to go from this most recent high right there and then I’m going to go another most recent low. So when you’re doing extensions or projections or you’re looking for is a low, a high and a high or low so pretty simple. All I’m going to do is I’m going to grab on TradeStation is called the Fibonacci price extension lines. I’m going to click one time here, drop that on there and drag it up to here, click another time, drag it down here to the most recent low and click again. So next target for Pfizer will be $45.68 and then $46.96, $48.24 followed by $49.01. I’ve been asked to speak at the Wealth365 Summit, The Ultimate Online Trading and Investing Education Conference. The theme of the conference is going to be trading and investing and they’re going to talk mainly about the election and the earnings and stuff like that. I’m going to be teaching you how to scan the markets for new trend trades whether it’d be long or short. If you’re interested in showing up for the webinar all you got to do is register for that bad boy right here first name, e-mail address and CLAIM YOUR FREE SEAT NOW. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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