Hubert Senters here.
Let’s take a look at Twitter. Stock symbol TWTR. So obviously Facebook is making a nice new run at the highs. And it’s probably going to go $237, $251 and $259 so TWTR will play the lag effect. And the ADX is a little low on this. I’m not going to lie. It’s $10.08 but it’s got a decent little slant to the hook. Let me show what I mean. I can grab it. So as you can see it’s starting to potentially hook and head towards that $20. It’s not a perfect set-up but we’re playing a lag effect so we’re not going to pay a ton of attention to the ADX.
ADX on daily is a little lag anyway. So potential target we’re going to use the same fibs that we use trying to figure out which way Facebook is going to go. This is not going to be perfect because you usually want to go higher or low, higher or low. These two right here is equal so it’s not going to be a perfect set-up. But it’s good enough to get this through this and see it. No. It won’t work.
So we’re going to have to go one, two and then three. It’s sloppy. The last one worked and it will work. Let’s see if I’m right on this one. And then there we go so $33.82 by $36.33 and $37.88.
Mark Helweg’s got a special webinar. He’s going to do an on core with the ‘Simple Blue Dot-Red Trading Strategy for Stay-at-home Traders.’
It won an award. Its based upon his award winning hedge fund strategy. I’m going to HYPERLINK you to this registration page. It’s going to be Thursday, May 21st at 12PM EST. You’re going to think I am total moron when it comes to time zones and 12PM and 12AM.
I have misfits because I make such it up. I equate it to Dyslexia because I can switch to the numbers on the AM and PM around because of Dyslexia. But really it’s probably because I’m a moron. But anyway, it’s tomorrow at noon.
Good luck. I’ll HYPERLINK you to the page.
Hubert.
