TRADING TIPS

Stalking KO for a Breakout Trade

Hubert Senters here. Let’s take a look at Coca-Cola symbol is KO. Obviously, it’s in a really good uptrend. It is now in the cloud and as you can see the ADX has been in or below the threshold reading of $20 since about July 8th or so. So this is a good breakout candidate. As soon as it does so. Now I don’t care which way it goes but I am watching it both for the high side breakout or the low side breakout. So a break above say $54.30 would give me a long and a break below $53 would give me a short. And I do scans every day after the close. Let me know something that’s in the cloud, above the cloud, below the cloud and this one came up saying hey, this one’s in the cloud so I want to look at it and give you a heads up on it. I may potentially be doing this trade in the next couple days if it fires off so I’m going to let you know about it. Mark Helweg is going to be doing a special webinar on ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction.’’ That is happening tomorrow, October 11th at noon East Coast time. I will HYPERLINK you to the form you can read the rest of the stuff that he’s going to cover right here so I don’t have to read them to you. You can probably read them faster than I can read them to you. Good luck. Hope it helps. See you on the next video. Hubert.

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