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3 Stocks I Like in This Choppy Market

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Thu, Jun 27, 2024 04:21 PM

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My S.A.M. scanner identified these in seconds. You see, while the market might be choppy now, there

My S.A.M. scanner identified these in seconds. [Trade of the Day Logo] "My S.A.M. scanner identified these in seconds." Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] The tech sector has been all over the place after the Nasdaq made yearly highs last week. Is a sell-off coming or is this just a pause before the next leg higher? You can tune into CNBC and get a number of opinions from the talking heads. But my goal isn’t to debate... it’s to find high probability trades that have a chance at delivering outsized returns. [To do that I use my proprietary AI scanner S.A.M.]( You see, while the market might be choppy now, there are plenty of individual stocks with some awesome setups. [Here are 3 that I found from the help of S.A.M. :]( CAVA Group (CAVA) Now, this isn’t the first time I’ve written about CAVA, the Mediterranean restaurant chain which offers customizable, healthy fast-casual dining. In fact, I’ve had my eyes on it for a couple weeks now. And if you look at the chart above, you’ll see it’s been just hanging around the last few trading sessions. But the reason why I still like it is because it has multiple squeezes setting up. [According to SAM]( it has a daily squeeze, and A+ setups on the 130-minute chart and the 30-minute chart. The Squeeze indicator is essential in determining the right time to trade, as it signals the end of a consolidation phase and the potential start of a new price movement. I already have some call options in the symbol, and will likely look to add. Netapp Inc (NTAP) NetApp (NTAP) provides data storage and management solutions that help businesses efficiently store, access, and protect their data across different environments, including on-premises and in the cloud. If you take a look at the chart above you’ll see that it’s also experiencing a nice pause/consolidation. [And according to S.A.M.]( has multiple A+ setups, which include the 195-minute, 130-minute, and 78-minute. I’m in this one small right now, but will likely look to add. Tesla (TSLA) The EV maker has not had a great year but the stock is starting to pick up momentum. And with Elon winning back his pay package, it could be a catalyst to push the stock price higher. [3rd-Gen Crypto Could Be the Biggest Yet]( AOL was replaced by Yahoo... and Yahoo was replaced by Google. Google was third generation... and it won. Now the same thing is happening with crypto. Bitcoin came first... then Ethereum... and now a much smaller crypto is being hailed as the next huge cryptocurrency to own. [Find out why it's being called the "Ethereum Killer" here.]( At the time of this writing TSLA had a 5-minute squeeze, with positive momentum on the 15 minute, 30 minute, 1 hour, and 2 hour charts. According to S.A.M, we have A+ setups on the 5 minute and 10 minute charts. I’m not in this one yet, but something I’m watching to take a long in. If I do, it will be with options. And given how expensive TSLA options are, I will probably buy something OTM for a potential “lotto” play. A Big Problem Traders Are Facing The market is super noisy right now… and it’s likely to get worse as the Presidential election comes up. It’s easy to let others’ opinions sway your decision making… often doing more harm than good. That’s why it’s critical to focus on A+ quality setups and not the opinions of the talking heads. You don’t have to be an expert in chart analysis to find them. In fact, [you just need S.A.M.]( We held the S.A.M. Camp 2024 yesterday. During the live demo I shared 3 trade ideas straight from this powerful AI tool. If you missed it… don’t worry. [CLICK HERE TO WATCH THE DEMO AND 3 LIVE TRADE IDEAS](. [Why Crypto is Set to Explode Now That the Next Bitcoin Halving Hit...]( [Bitcoin Up - 8,616%]( The first Bitcoin halving happened on November 28, 2012. Bitcoin went from $12 to $1,046 over the next year. The second Bitcoin halving hit on July 9, 2016. Bitcoin launched from $663 to $19,118 in 18 months. The third Bitcoin halving struck on May 11, 2020. Bitcoin jumped from $8,500 to over $64,000. And now, the fourth Bitcoin halving just hit once more. [Here's why this will kick off the last great bull market in crypto.]( [Monument Traders Alliance] Monument Traders Alliance, LLC You are receiving this email because you subscribed to Trade of the Day. To unsubscribe from Trade of the Day, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2021 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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