Hubert Senters here.
Let’s take a look at REGN. It will probably go higher next week if it continues this nice little uptrend that’s got one on right here.
So it’s one day above the cloud. And I’ve had a couple of emails what do you mean it’s above or below the cloud?
So this thing if you guys don’t know which looks fine. Everybody there’s all kinds of different levels of people coming to different levels from trading into technical analysis.
This litle weird squiggly line. This little thing that’s brown slash blue that’s called the cloud. Above it is a long. Below it is a short.
So bullish above bearish below. So as you can see and it works pretty well. You can see above the cloud long. Below the cloud short.
Now, you’ll skip a couple of bad ones in here and stuff with that. That’s called trading. Anyway, this is a decent long for going into next week.
I would trade it like this. I will be long at $502 or better or slightly higher. Just long in general. Stop would be like $488 and my target would be in the area of $552-ish.
I’ve been invited to speak at the Wealth 365 event. I’m going to show you exactly how you can find trades that I just shared with you in as simple as clicking your mouse three times.
It’s super easy. It’s effective and you can do it. This is the type of stuff I’ll be talking about on the webinar next week. All you got to do is register for the webinar.
Good luck. Hope it helps. See you on the next video.
Hubert.
