TRADING TIPS

Questions from Joanna about TSLA

Hubert Senters here. Got a bunch of questions. I’m going to cover a couple of them today so. Hi Hubert, My first down target on TSLA has been met today at $1,375. What are the next down targets? Thanks, Joanna. Let me shrink this question down and you’re looking at Tesla, TSLA. And you had $1,375 because you’re probably asking about the day yesterday or the day before yesterday. It depends on how quick we get the question and then how quick Sarah forwards it on to me. Obviously, it’s going to bounce. So if you get a sell off from this to that usually it’s doing exactly what it should do. Sell off from point one from a high to low bounced up 50 percent retracement and then what it will do is it will retest $1,366. And then what you’re looking at after that is you’re looking for a target about midway between the standard line the top of the cloud which we have to get a little creative here for me to calculate this. Probably be around $1,280 to the down side as soon as it takes up that $1,376 again. Mark Helweg is doing a special webinar Wednesday, July 29th on ”Finding Explosive Trades with the SVS Strategy…How To Find Trades Like a Sniper!” Find a high quality trading strategy. Scanning markets for buy and sell signals. Verifying signals with Power Setups. All designed to put the odds in your favor. I’m going to HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

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