Hubert Senters here.
Got another question here for you. This one is from Tim.
Hey, I was wondering what you though about Checkpoint I think is what that stock symbol is, CHKP. They beat on earnings July 22nd and are above the cloud. ADX is 31. Fibonacci extensions look good with recent pullback. Tim.
Tim, let’s take a look. It looks pretty good. One thing I like to do first is just make sure everything looks healthy if you’re thinking about going long above the turning above the standard above the cloud.
Acts pretty decent. It trades on the Nasdaq so if the Nasdaq pulls back this thing is probably going to pullback. ADX is $38 and rising, looks good. Let’s take a look at what it’s done in the past. Let’s look at its history. Looks really good. Not bad at all. I like it.
Let’s figure out where we can figure this bad boy is going. Let’s take a look at the daily. I would probably give you one of these right here. Low. High. Low. To see where it’s going. I would go low, high, low.
Obviously, the first target I would target would be the most recent high. But if you want if you don’t want to do that you can go $127 and $131. $131 is about the same thing. $137, $144 and $148. So these are my answers, Tim. I hope that helps you out.
Mark Helweg is going to be doing a special webinar on ”Finding Explosive Trades with the SVS Strategy…How To Find Trades Like a Sniper!” I’ve actually been a long range distance course.
They’re quite fun and entertaining. Great guys. And it’s not that hard a target at thousand yards believe it or not if you got a good gun and good bullet and a good kestrel ballistic calculator you just kind of walk the thing really. Pretty simple. I’m going to HYPERLINK you to the registration page here. And it’s going to happen Wednesday, July 29th at 8PM EST.
Good luck. Hope it helps. See you on the next video.
Hubert.
