Hubert Senters here.
There are two camps that you can be in right now. The sky is falling and the world is coming to an end but I don’t think that’s the case right now. Although it is going to pull back a lot. And we’re due for it.
I mean all we’ve been doing is going up. It’s time for some more heat to the downside shakeout some of those weeklong. Now, you don’t just have to go long. You don’t have to just make a long shopping list although you can do that. That’s not a bad idea.
Another way you can do is to short some stuff, that’s weak. Right now, if you’re looking at stuff that’s really getting hammered today Tesla’s getting smacked down. It’s down $24 points or $7.9%. Let’s take a look and see where it may potentially pause.
So you got a little bit of a supporter down here at $243 all the way up no matter how support works. It is an area of interest. It is not a pinpoint accurate laser point. So you got down here to $243 to $257 that looks good.
If that does not hold and then we are going to go down here to $196.97 and Tesla would still be fine if it did that and then held one of those areas and bounced the other. But that’s where it looks like Tesla, TSLA, great little cars and stocks going lower though.
One of the key components of trading the volatility is knowing how to properly trade not change but trade the momentum.
So Mark is really good at this stuff. He’s going to be teaching a webinar tonight on ‘’3 Momentum Strategies that are making big money in the markets with a lot of recent examples.’’
So his webinar’s going to be Tuesday, March 27th at 8:00 PM EST.
I am going to hyperlink you to this page. Just click CLAIM MY SPOT NOW that will register you for the webinar.
Good luck. Hope it helps and I’ll see you on the next video.
Hubert.
