TRADING TIPS

UAL New Long Setup

Hubert Senters here. Let’s take a look at UAL, United Continental Holdings Inc. Potential long for tomorrow if it closes today above the cloud basically where it’s at right now $86.72. That’s a little choppy here. So it’s got a little box going on. I’m not a huge fan but so I would wait for it to potentially get above $90 before I would go long on it and then my target would be this most recent high around $97-ish. Okay. Slim pickings today. There’s not a lot of great longs, not a lot of great shorts unless you’re already in them on days like this consolidation days before another pop to the high side or another roll over. You know where you’re going to explode to the high side or going to melt lower. And on days like this a lot of times you just suited to spin off just watching and not trading much and just making a new list of new longs, new shorts and culling through your portfolio and cutting the weak ones loose and looking for the strong ones. So for the next day if it’s up or down you’ll be ready to go because of the volatility will be back shortly. I guarantee you that. Mark Helweg is doing a special webinar on ‘’How to Potentially Profit from Huge Moves without Predicting the Direction,’’ Thursday June 13th at 8PM EST. Click the big button this says CLAIM MY SPOT NOW to register for the webinar. Good luck. Hope it helps. See you in the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *

Share:

Facebook
Twitter
LinkedIn
On Key

Related Posts

Get Reports From The Trenches on What’s Working Now
Twitter Facebook

 

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.