This Stock Has a Perfect Pattern Setup

I’ve by no means seen this sort of violent motion within the markets earlier than.

The indexes are clearly overbought, and I’m beginning to see the pullback I’ve been ready for.

Plus, the most recent swing is presenting a singular buying and selling alternative.

In at this time’s video, I present you my absolute favourite chart on the planet proper now.

Click the picture beneath to get the commerce.

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YOUR ACTION PLAN

My favourite chart proper now belongs to Super Micro Computer (Nasdaq: SMCI). The motive it is my favourite is it checks all three containers of my TPS system. There’s a transparent transfer greater, a sample and a squeeze with a shift in momentum. It’s excellent! To play this setup, I’d like to purchase the February 16, 2024, $330 calls when SMCI is across the $260 space.

Super Micro Computer (SCMI) chart(Click to enlarge)

If you need to get extra commerce concepts primarily based on my distinctive TPS charting system, I invite you to hitch me in Daily Profits Live, I’ve closed a number of successful trades over the previous few days, together with a 100% winner on Ulta Beauty (ULTA) in three days and a 60% winner on Meta Platforms (META) in in the future!

Click here to get access to Daily Profits Live today.

PS I really like answering your questions. It’s the perfect and most rewarding a part of my gig. If you’ve a ticker or chart you need me to interrupt down – or only a common buying and selling query – please e mail me at feedback@monumenttradersalliance.com, I’ll let you understand my ideas on a number of submissions in a future video.


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TESTIMONIAL TUESDAY

“PSTG In each side $2.87 out at $5.48 for an in a single day 91% acquire. Thanks Brian. Thanks War Room.”
– tlee9999

“CRM in at $1.14 out at $2.12 [for an 85% gain in one trading day] 20 contracts thanks NATE”
– traderplumber


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