This tech groupâs chart has a bull flag pattern and a squeeze [Trade of the Day Wake-Up Watchlist] âThis stock is a potential rebound from last weekâs sell-off.â Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] The Nasdaq futures sank by 4% over the last 3 days after the latest market sell-off. When the markets show volatility like this, technical analysis almost goes out the window. The markets are just raw emotion. Thatâs why itâs crucial to be patient and not overreact. As Iâve told members in [Daily Profits Live]( âIt can always get worse.â But when you exercise patience â the rewards can be staggering. Case in point. Last week I closed 15-of-18 trades for winners for an 83% win rate. Some of those wins included a 75.34% winner on COIN in 1 trading day. This shows you that when you stick to a proven process, thereâs potential to come out rosy no matter what the markets are doing. Other winners were trades on stocks I mentioned in this watchlist newsletter last week, including a 38.94% winner on Chipolte (CMG) in 1 trading day and a 17.97% winner on Blackstone (BX) in 1 trading day. And even though last week was rough, Iâm grateful to have a group of like-minded traders in the [Daily Profits Live]( community. The truth is⦠having a place thatâs free from the mainstream doom and gloom becomes even more valuable during a big market sell-off. Could you imagine trying to trade a sell-off completely by yourself? As somebody whoâs been there, I can say itâs not a fun position to be in. Now as we start this week, I have a chart for you that I believe is a potential rebound play. That ticker is tech giant Apple (AAPL). Apple reported good earnings on Friday, and if it breaks its current high, I could see it going to $230. As youâll see below, thereâs a bull flag pattern with a low compression squeeze starting to form. 0DTE Could Skyrocket Immediately After "American Earnings" Release [Get The Urgent Details Here]( This stock also held strong during last Fridayâs sell-off, and if we get a market rally this week, then APPL is definitely a stock I want to go after. Action Plan: Apple is the top stock on my watchlist right now. I think thereâs a lot of room left for its chart to run and I recently got positioned on the 8/9 $230 calls. Iâll be looking to add more this week. [Click here to unlock this trade and join a strong community of like-minded traders today.]( P.S. If these watchlist emails are helping your trading at all, please reach out and email me at feedback@monumenttradersalliance.com.. Iâm always interested to see what readers think. [You're Invited: Meet S.A.M.
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