Hubert Senters here.

Let’s take a look at Apple. This is my plan for a potential pullback area for Apple.

So first you look at it and it’s in the cloud. It’s trending but it’s in the cloud.

It’s got a little bit of a double bottom here. Overall, it gap down and now it acts like it’s going to go lower.

As far as Apple as the company goes wonderful company. Greay profits. All that good stuff.

It’s got a cult following. And technically, it’s pretty pure. So how do you deal with buying a pullback and what kind of plan do you develop?

Well, here’s how I do it. First, I want to make sure the ADX is above $20 in trending and it is.

That gives me an indication that I can probably trade it and I might not lose my shirt.

It’s not going to grind my account to dust because it’s trendable. And then I’m going to take this most recent low here with a fib and go 50 percent to there.

So first area is going to be $140 to $136 and then I’m going to go back one more step and see if there’s a zone like an area that I want to measure with.

And all you’re going to do is just keep going back and steps and steps. So this would be my first area if I take this low to that high.

And now, I’ve got these zones. I’ve got the area of $140 to $136 and $136 to $140. So from $140 to $130 is a decent area to buy Apple in my opinion.

The only problem is it will be below the cloud so how do you deal with that? Well, you got to break the rules a little bit here.

I can either bite on this zone on the anticipation that it will eventually work back up above the cloud and this is Apple so it probably will.

Or I can buy it down here in this zone from like $140 to $133 and I’ll wait for an hourly signal.

So in other words, let’s say that the zone was right here. I’m just pretending on this example.

Let’s say that the zone was really right here then what I would do is I can wait until I get the hourly buy signal like that or here.

And that’s a little bit safer way for me to kind of tip my toe in the waters even though I’m below the cloud because then I know it’s probably going to bounce for three to five days out of there. Hopefully that helps you.

I’ve got two different speaking spots at Wealth 365. One of them is going to be talking what’s working right now and the best markets to trade.

I’m going to HYPERLINK you to the registration page here. First name, email address and valid cellphone so they can text you before the talk starts.

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

Hubert.