Hubert Senters here.
Had a question from the viewer. Question from Elliot. Was I just lucky or was this a good move, yesterday I played puts on all of the airline stocks on weekly of July 2nd on the dailys, the lagging line and price was still in the cloud at the bottom but on the hourly and the 10 min charts in the price and the lagging line were way below the cloud?
Yes. It’s not bad. What you’re talking about is the price is in the cloud but the smaller timeframe the 10 minute and the hourly could potentially be below the cloud. That’s fine. All you’re doing is sneaking in there. We’ve just sneaking in early. There’s nothing wrong with that at all.
Let me look at American really quick. In the cloud on American Airlines that is on the daily and then if I go here and look at the 60. The 60 to sell so depends on your timeframe. On a daily you’re going to hold it for multiple days.
On a 60 minute you’re going to hold it for three to five days minimum so that’s been a short for four days already. And then the 10 minute on top of that one the 10 minute is usually good short for three to five hours.
And on this one it’s been good all the yesterday, the day before, day before that so. Yeah, there’s nothing at all wrong with that. Using multi-timeframe analysis to sneaking in there a little earlier to give yourself a little heads up.
Nothing at all wrong with that. I think it’s smart. I’m going to be doing another live webinar. If you weren’t able to make the one today at noon. I know some of you actually have jobs that you still go to even in amidst of Covid-19. I’m going to do another one tomorrow night at 7PM EST. Good enough time to get home from your day job or your work or your business.
And check it out and see if you want to be involved in it. I’m going to show you how you can ‘Discover How To Invest In Hot New Companies Before They Go Public – They Could Go On To Become The Next Uber, Facebook, Tesla or Zoom.’
They might get acquired. They might go public. They could go out of business or could sell them to somebody else. They could go on to become the next Uber, Facebook, Tesla, Zoom beyond meet. It reall just depends on what you invest in.
I’m going to be doing that LIVE webinar Thursday, June 25th at 7PM EST as opposed to the west coast time.
Good luck. Hope it helps. See you on the next video.
Hubert.
