Although a good stock to add to the watchlist, it is currently overpriced.
I would like to see this get below the 80MA which according to the Williams% chart, tends to be when the stock is oversold.
HUBS currently needs a lot of movement to get down to the 80MA, set alarm up crossing the $200 and watch daily from there moving forward.
The green area is an up trending resistance zone which has been recently tested, will it breakthrough the resistance?
There's a good chance it will however I'm hoping for a correction, where speculators can potentially buy in around the $225 mark.
I personally won't but I don't like to speculate or take the riskier approach.
I would like to see this get below the 80MA which according to the Williams% chart, tends to be when the stock is oversold.
HUBS currently needs a lot of movement to get down to the 80MA, set alarm up crossing the $200 and watch daily from there moving forward.
The green area is an up trending resistance zone which has been recently tested, will it breakthrough the resistance?
There's a good chance it will however I'm hoping for a correction, where speculators can potentially buy in around the $225 mark.
I personally won't but I don't like to speculate or take the riskier approach.