I like this company so much Iâm looking to go long over the next month [Trade of the Day Wake-Up Watchlist] "Thereâs a strong chance we see an earnings surge on this stock." Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] I start every Monday looking at the best trade setups I can find. And yesterday I discovered that GE Aerospace (GE) fit my criteria for a top stock to watch. There are several reasons I like GE this week. For one, the company reported strong earnings last week. It comfortably beat at $1.20 a share, and now its stock is soaring 62% vs. a year earlier. But the truth is⦠Other stocks on my watchlist also reported strong earnings. Yet I still chose GE over those stocks for a few other reasons. For one, itâs already up near all-time highs. Second, it has a beautiful daily squeeze that was firing long yesterday. Lastly, it has a clear pattern that shows itâs consolidating near those highs. Normally when I see an earnings beat like this, I like to look at the companyâs chart for a pullback or rest period before a potential move back upward. But as youâll see in the chart below, GE already had its rest or âpullbackâ period. Take a close look at the chart. Youâll see back in January that GE reported earnings (that little yellow dot illustrates earnings day.) Next, youâll see that first pink line after the yellow dot showing the post earnings surge. The stock was surging upward from early 2024 all the way until mid April. Then, youâll see it basically went nowhere from late April all the way until now. This happened when the company wasnât reporting earnings. [JOLTS OVERNIGHT TRADE DEMONSTRATION]( [115% Average Gain]( Every Time the Government Releases Jobs Data... Make This Trade the Night Before! (Target up to 253%... 327%... Even 383% gains... OVERNIGHT!) [Next JOLTS Trade Tuesday, July 30 at 2 pm!]( But as I mentioned, the company just reported another earnings beat last week. And I believe were primed for another potential surge like we saw earlier in the year. I drew another pink line to show how I think the stock could move in the near future. Thatâs why GE Aerospace is one of my top watchlist stocks this week. Since itâs already pulled back, thereâs a strong chance weâre going to see an earnings profit surge soon. Action Plan: When I see GE Aerospaceâs chart, I salivate. Iâm looking to go long on the stock and play its earnings [profit surge]( over the next month. [Click here to unlock that trade and see how I use artificial intelligence to discover trade setups like GE.]( [Write This Down: Tuesday, July 30 at 2 pm!]( [Gains]( Every Time The Government Releases Jobs, Inflation, GDP, and Other Economic Reports... Use The JOLTS Loophole for a Chance to Collect HUGE Overnight Profits! (Target up to 253%... 327%... Even 383% gains... OVERNIGHT!) [Don't Miss Our LIVE Trade]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist.
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