Hubert Senters here.
Let’s take a look at Tesla. One of the biggest net gainers on a massive down day today so let’s take a look at how it’s acting. Right now, if we look at this it has sold off to the standard line and it’s bouncing and closing above the standard line.
So the next price, Tesla will probably go to if it continues its up move. It’s going to be $341 and then $344 and then after that $361, $381 and $393. Overall, the rest of the market pretty much of all indexes were down today.
On the most part in Tesla actually bounce out there up for $4.75 or up 1.44 percent. It’s an interesting strategy and tactic to use as other markets are rolling over Tesla bouncing a little bit there so add it to your watch list. The potential long things that could potentially take out the most recent high around $361.
Trade Thirsty is going to be hosting Adam Mesh. And his webinar is going to be ‘’The Ultimate Options Success Formula.’’ That is Wednesday, December 4th, 4:30 PM EST. I will HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video.