Let’s take a look at HBAN, one of the biggest percentage gainers today. Looking at the past, it’s been as high as 26 and low as 1.5. It’s also got a monthly buy signal.
Using the fibonacci price extension line, it looks like the next targets will be 15.17, 16.38, and 17.13. So how do you use this information? Well, you can buy a pullback or you can but wherever it opens tomorrow. Make sure you’re okay with risking some money because in trading and investing you have to risk money to make money. Your stop loss will be the amount you are going to risk.
Good luck, hope it helps. See you on the next video.
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.
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