Hubert Senters here.
Let’s take a look at REGN breaking out. The markets are going higher but everything is going higher so you’re going to have to focus and be a better stock but you can’t just throw a dart and go oh, that looks good. It will all go up with the market.
It’s not the face of the market that we’re in. You have to be a better stock picker and you have to know what you’re doing and how to read a chart and use technical and stuff so make sure you do.
So REGN let’s get a new target on this bad boy and I’m going to show you a couple of things that you could have done to find this a lot quicker.
So I’m going to go from this low to this high to this low and see if we can get. Point one. Point two and point three.
Next targets for REGN $584, $602 and $614. On this set-up you could have found this a lot earlier if you just know some basic stuff about charts and stuff.
I’m going to point out a few things too. This is one to three bars above the cloud. That is a really good set-up. Here is also a slingshot trade.
Now, slingshot is define when it goes below the yellow back above the turning line so this is signal number one, this is signal number two, this is signal number three, this is signal number four and this is signal number five.
So when I zoom out there you can see where it’s went from the several different ways to play this thing and if you know how to do it correctly they’re very easy to find if you’ve got the right tools of the trade.
I am going to be doing a live webinar on the Wealth 365 and wealth charts platform in a couple of weeks. I’m going to HYPERLINK you to the registration page.
Now, heads up, the registration page is going to change a little bit because the title of my talk is going to be how to find three powerful trade set-ups with three clicks of your mouse.
And then I’m also going to be doing a webcam video and getting rid of this old so if we’ve got one I’ll send you over when it’s changed.
So you got 10 days to register. I would register for now but there’s only so many people you could have and GotoWebinar and Zoom before the bill gets too high so go ahead and secure yourself a seat. First name, email address, optional cellphone.
Good luck. Hope it helps. See you on the next video.
Hubert.