TRADING TIPS

TSLA Pullback New Targets

Hubert Senters here. Let’s take a look at Tesla, TSLA. It’s had a nice little run. And you can look at it. It’s performing well. Overall the markets well up a little down. Overall they are more up and down right now. That’s a big green candle. But it’s down $5.53 points or down 1 percent just because it’s down from yesterday but it opened up here and it’s going to close positive. When you’ looking at something that’s in a really good uptrend or downtrend nothing goes straight up and nothing goes straight down. You have to have points if it pulls back I want to buy that. Now, it’s terrifying at first because you’re like okay, if you’ve been trading for some time you’re like okay, this is going to be my entry, my stop will be slightly lower and then my target will be slightly higher. You have to have your plan in place before you do that. If you don’t you’re just going to be blind by the seed of your plants and you’ll be at the whim of whatever markets doing and you’re just going to burn through cash. Make sure that you have a plan. In this example, we would be bidding at $493.71 here at the turning line. Stop-loss will be some slightly below that if you could afford the risk. And then your target would be then your most recent highs around $547-ish. That is Tesla. I’ve been invited back to the Wealth365 Event. I’m doing a little bit different this time. It’s either Wednesday or Thursday. Wednesday. We’re going to be giving away $1500. So here’s how it works. And then I think on Thursday I’m going to be teaching just Ichimoku. I’m not going there to sell anything. I’m just going to be giving away money and teaching. It would be me and Rob and probably Mark Helweg. We’re going to have a tradeoff competition with all of you guys that register. Here’s how it works. Of the $1500 we’re going to pay out 40 percent of the people are going to win different levels of that $1500. We’re going to give the $1500 away and 40 percent of the people that compete in this competition will win different portions of that $1500. What you’re going to do is register right here. First name, email, optional telephone number if you want to give it. And then once you get there we’re going to do a couple little mock demos of tradeoff at the Wealth365 Event and then we’re going to compete and see who wins what. I’ll be emceeing. Rob will be there. I think Helweg will be there too. So make sure you register and show up for both Wednesday and Thursday. You don’t have to put any money to win this cash. You just setup a little demo. We’re all going to have a speed trading round on demo software and whoever wins will win the bigger check. Second place smaller check. Third place smaller check. All the way to the 40 percent of the people. It’s kind of like a participation trophy. I don’t think you get a trophy for participating. I think there’s first place and then there’s the first place loser. But anyway, we’re going to do graduated payout of the $1500 takes nothing to compete and potentially win. Sign up and I’ll see you there. Good luck. Hope it helps. See you on the next video. Hubert.

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