HUBS trade ideas
$HUBS Hubspot Overbought at Channel Resistance$HUBS Hubspot - We hit our $160 target early, now looking overbought and holding upper channel resistance. Assuming we close within the upper limit today, expecting a near term pull back over next 1-3 weeks. Targeting $140-$145 range by early October.
Note: Informational analysis, not investment advice.
Possible small stochastic divergence, Lower price rejection, Look for entry on way up or if/after it breaks resistance. Keep an eye out on this market volatility. During times like this, If you go into profit, manage your trade with a tight stop, preferably on a smaller time frame. Be careful.
---Ideas are not investment advice
HUBS - Key support breakdown short from $64.33 to $53.33HUBS broken down from key support and seems like at has a lot of room to move down. We are keeping it in the watch list for tomorrow.
* Trade Criteria *
Date First Found- June 15, 2017
Pattern/Why- Key support breakdown short
Entry Target Criteria- Break of $64.33
Exit Target Criteria- $53.33
Stop Loss Criteria- $66.8
Please check back for Trade updates. (Note: Trade update is little delayed here.)