Hubert Senters here.
Let’s take a look at Apple. Probably a question going through your head. Should I buy it? Should I sell it? It still looks good. I mean I wouldn’t buy it up here. Usually when they do product launches and stuff like that it tends to sell off after those product launches plus you’ve got the potential pairs with us in China. Who knows how that’s going to shake out?
Some people think it’s not going to affect. What I would do is I would let it sell off to the top of the cloud and then start looking to buy it. If you’re already long well, you just got to make sure you got to stop-loss in there, something that you’re comfortable with. But if you’ve never owned Apple I would love to sell off come down to the cloud now.
It depends on where it’s going to get to do that. Its angle is going to be from here to there. I’m pretty sure it’s not going to go from just right here down to $200. And then you’ve got another angle from here to sideways. And usually this one is the more accurate you bought it $2 to $10 so watch it. Pay attention to it. I wouldn’t go long right here.
I would let it sell off a little bit and if you want to time that thing a little bit better you can wait for an hourly buy signal right now. It’s an hourly sell signal not a buy signal. Wait for the 60 minute to tell you what to do in that situation.
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Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.