Hubert Senters here.
In the last video, we were talking about a potential pullback on Zoom that it could potentially pullback all the way. We’re looking for a pullback to the $186 we did not get that. Anytime you don’t get a pullback to at least a 50 percent retracement that means the thing is stronger than actually you think it is. Or I think it is. That’s how I look at it. So you could still get a pullback to $196. It’s unlikely though.
Anytime it pulls back shallow like that and then ramps back up. It will probably take out $224 so now we’re going to re-do our figures and get us a more accurate number. We’re going to use an extension or projection depending on what your tool is called.
Just know how to use it correctly. Next target obviously in this most recent high at $223 then $241 and $270. If you struggle with making money in the markets because you get the direction wrong a lot. Or you get the direction right then you get stopped out then goes in your direction and you wanna hurt yourself. Don’t do that. This game is a game. It’s not worth your life that way for sure.
Mark’s going to be doing a webinar on ‘How to Potentially Profit from Huge Market Moves’ Without Predicting the Direction. It’s a really good webinar. Come check it out. It’s tonight at 8PM and let me know what you think.
Good luck. Hope it helps. See you on the next video.
Hubert.
