TRADING TIPS

Tom Wants to Know About BABA

Hubert Senters here. Had a question from looks like it’s from Tom. Sarah sent me a question and he wanted me to look at BABA which is Alibaba. Looks really good. Tom it looks good. It’s above the cloud above the turning line, the standard line. Looks good. It looks like it’s going to go vertical. We’ll see if we can figure it out. Now one problem when we’re going to do this where my eye gravitates towards this thing is about right here.  What I’m looking at this situation right in this area I would be going. Let me get a circle. I would say low, high, higher low. It’s not really going to work because that low is higher than that low so I would go low, higher low so I would go from here to here. It’s probably not going to give us an exact number here because it’s already hitting most of them, So I’ll probably have to go back in time in order to do this. Let’s grab some tools. From this low to that high to this low. It will give you an initial target though. And it could hit it as early as tomorrow as next week. Next target is going to be $270.  Right now it’s at $261 so $270 is definitely within the realm of possibility. Now, as you can see I knew it was going to do something like that so then what you have to do is you just have to stair step back again. You have to come back here or you have to come back to here or here. I’m using here a lot. Like a lot people say like so I’m going to circle some stuff. So point one, point two or point three. Now, I just have to work my way back in order to do that. So what I’m going to do here. This was not going to be that different neither is that one. But I’ll throw it on to give you a couple more potential targets. Point one. Point two. Point three. Yellow over lap right there in that area of $270. And then after that $279. I’ve been asked to speak at the Wealth365 event. I’m going to HYPERLINK you to the registration. I’m going to be talking about how to properly scan the markets for the best trades. That’s subjective. My best trades may be different than your best trades. I don’t think of anything best in the market. It’s all just like what you can get yourself to do and what you can pull off. My trade may be substantially better or worst than yours. It depends of the day, the week, the month or the year. This is how this business works. If you’re interested to come to the webinar go ahead and register there. First name, email address and if you want to text you before I talk and jump on the live webinar. They’ll text you just put in your cellphone number there. Good luck. Hope it helps. See you on the next video. Hubert.

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