Let’s take a look at the markets and do a follow up on yesterday’s video. We looked at HBAN with targets of 15.17, 16.38, and 17.13. It looks like it’s heading in the right direction.
Looking at another trade, DXC. It’s gapping up which will give us a couple opportunities for a bracket trade. It looks better to the high side (to me) because it is above the cloud, the turning line, and the standard line. So, above 29.67 would be a long, with a stop of 27.81. If it decides to go the opposite direction, short it through 27.81 and your target is 26.17. Next targets for this trade will be 31.65, 33.88, and 35.25.
Good luck, hope it helps. I’ll see you on the next one.
Hubert Senters has been online trading for the last 10+ years. He has a loyal trading community consisting of over 100,000 traders. He’s helped his followers easily understand trends and spot better entries and exits to maximize their profits.
He and his team of experts analysts have been featured guests on CNBC, Bloomberg, Fox business, CNN, CBS Market Watch, Forbes, The Street, Active Trader Magazine, Stocks and Commodities Magazine, Money Show and Traders Expo.
Hubert is best known for his No BS approach to Active Investing and Trading making his style both effective and simple.