Hubert Senters here.
Let’s take a look at a potential bracket trade for as early as tomorrow so it’s Western Digital, WDC. They’ve had a nice little run and now they’d been trading sideways for a little while. A big breakdown gap situation and breakaway gap to the downside.
Probably going to be a better short and long but like I said I never pass judgment on those things. If it does go short target would be $46.71 and $37.78. If it’s a long then obviously these most recent highs right in this area about $63. So now, let’s put our bracket on here.
A bracket trade long above $57.47. It’s not perfect but it’s good enough and if you are looking for the short side. Bracket trade to the downside $51.98. So if you get long around $57.47 potential target around $63-ish I would even probably go right here first $62.80 and then short side target is $46.71 and $37.78.
Mark Helweg is doing a special webinar on ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction.’’ It only takes 10 minutes a week to apply this strategy and the results have been really kicking it lately.
So I’m going to HYPERLINK you to the registration form. It’s going to take place webinar Friday, November 1st at 12PM EST. That is tomorrow at noon.
Good luck. Hope it helps. See you on the next video.