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♟ A Bull Flag Setup with Upcoming Earnings

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Tue, Sep 10, 2024 09:01 PM

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The SPY is bouncing back, and here's a stock I'm targeting for new highs Nate Bear, Lead Technical T

The SPY is bouncing back, and here's a stock I'm targeting for new highs [Trade of the Day Logo] [View in browser]( ["Right now I'm targeting COST for a potential new all-time high."]( Nate Bear, Lead Technical Tactician, Monument Traders Alliance Last week the major indexes took a hit. However, we're seeing a healthy bounce so far this week, and I believe the SPY could move to around 550-551 if it pushes past resistance. As far as trade setups go, I've got a chart with a bull flag pattern that I'm looking to get positioned on. Click the image below to get that trade. [An Absolute Beast - Costco]( [AI DIVIDENDS: No. 1 Way to Collect Passive Income]( Right now, a handful of AI companies are paying passive income to investors... And getting started couldn't be easier! To prove it, I'm giving you my Free AI Income Playbook (FREE OF CHARGE). [Click here to get it for free.]( [Logo] YOUR ACTION PLAN Costco (COST) has a great looking 195 minute TPS setup. As you'll see in the chart below, it has a bull flag with a clear trend and a squeeze. It also has earnings coming up on Sept. 26. I'll be looking to get in on COST during the week of earnings with a target at a new all-time high around $921. [Costco (COST) chart]( [(Click to enlarge)]( If you want more trade ideas like these, there's still time to join me in Daily Profits Live as part of my [Daily Profits Live Open House](. The event is compeltely free, and it's your chance to trade alongside me all week long. Yesterday I closed two winning trades, a 38.46% winner on CAVA and another 26.83% winner on CAVA (in one trading day). Don't miss out on the next potential winner. [Click here to join me in The Daily Profits chat tomorrow for FREE.]( --------------------------------------------------------------- [Smiley] TESTIMONIAL TUESDAY "Made 30% on CAVA also (IN 1 TRADING DAY). Thanks Nate!" - 123Michaelg "STC ORCL strangle @$13.22 good for 34% overnight gain!!! Thank you Bryan B!!!" - BoomerMC "A cool 15% WINNER in 1 trading day. In 2.65 (DKNG) out 3.05. Thank you Bryan. A great way to start the day." - Gunner --------------------------------------------------------------- INSIGHTS YOU MAY HAVE MISSED [Image of a DNA strand]( [Biotech Sector Stands to Win As Fed Rate-Cut Cycle Begins]( [Image of an artist painting]( [How to Find "Bob-Ross-like" Calmness as a Trader]( [Image of a typewriter with the phrase 'Case Study' written]( [How David Beat Goliath: $650 to $7,988 in 48 Hours]( [Image representing stock charts in the red]( [One Way to Work Tanking Markets in Your Favor]( [The David to Nvidia's Goliath: Tiny Startup Solving AI's Biggest Challenge]( [CPU concept]( While Nvidia grabs the headlines, a little-known company is quietly reshaping the AI landscape. Their cutting-edge technology is tackling the biggest bottleneck in AI adoption, attracting customers like Intel, AMD, Microsoft, and more. 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[Whitelist Trade of the Day](. © 2024 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. 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