TRADING TIPS

What to do with OTIS

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Hubert Senters here.

Let’s take a look at Otis, OTIS. Little elevator company. Gap down situation into the cloud. Overall, it’s a massive uptrend and really looks like a beautiful trend.

Unfortunately, it’s starting to fall off. And then you’re starting to see a lot of other stuff like this.

This one could go either way so I want you add it to your watchlist because we could buy this at a substantial discount when the market rolls over a little bit.

But you can go from heads up to heads down from the high to the low here. It could potentially sell off to about $83 to $81.

I don’t know so much that I would short it although I’m not opposed to that idea. But this would be the zone that I would like to buy it at.

That’s the first level I’d like to buy it at. The second level I would like to attempt to buy that. It would be in this area which makes more sense to me $77 to $73.

Now, if I was thinking I would go lower from here like from $85 down to $77 that’s a decent short that gives me enough time and enough range to play with in order to make some profit.

If I’m looking to buy it at a discount I like to see it selloff into this area so I could pick it up at a substantial 50 percent discount at $77 to $73.

Mark Helweg is having a special webinar Sunday, September 19th at 7PM EST. It is a FREE webinar on Why This Startup Could Overtake Robinhood And how you can Invest!

This is for non-accredited and accredited investors both. Heads up, full warning disclaimer I am angel investor in this company.

I think I was the first angel money in this company. I’m pretty sure I was. Actually I know them. I put about $60,000 in this.

So this is a raise for a tech company that I’m an investor in. So I just want to make you fully aware of that so you know what you’re getting yourself into when you go to this webinar.

It’s a great app. It’s neat concept. Actually, whether you give us money to invest in this or not I don’t really care.

But I would love to see what you think about the app because it’s like fundal for traders where you can get on there and compete against your friends that trade.

And it’s like speed trading. Fundal and then also you can win money why you compete against your friends so check it out.

Good luck. Hope it helps. See you on the next video.

Hubert.

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