TRADING TIPS

TLRY Bracket Trade with Targets

Hubert Senters here. Let’s take a look at TLRY. Potential bracket trade for tomorrow. Bracket trades are super easy to understand. It’s not difficult at all. Let something gap up or down for no good reason at all. Usually, it’s earnings or news related in those cases. And then build a fence around said bar. Above $45.70 will be a potential long. Below $34.44 will be a potential short. Now, if you’re going to target the short side go for half a gap fill and then a full gap fill. If you’re going to target the high side. I’m going to do a little Fibonacci math here and see where it could probably to go like this right here. Let’s go low move, high move. It’s a little delicate there. This is a low. It’s not there yet. So I’m doing some future pacing here. Target would be $47, $56, $64 and $69. I’m going to be doing my live webinar tomorrow Wednesday, February 10th at 7PM EST on The Best Free Indicator in the World. My Secret Weapon for Finding Better Trades. Click the big blue button here it says CLAIM YOUR SPOT NOW. Heads up, there are a lot of people registered for this webinar. Make sure that you log in early that way you make sure you secure yourself a seat. Good luck. Hope it helps. See you on the next video. Hubert.  

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