Several Stacked Squeezes on Software Stock

It also has earnings coming up next week [Trade of the Day Wake-Up Watchlist] “November has historically been a lucrative month for the S&P 500.” Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] With earnings season in full swing, I have one stock on my watchlist that I’m looking to trade heading into next week. The company is Automatic Data Processing (ADP). ADP is an American Provider of human resources management and software services. Right now it has several stacked squeezes according to my S.A.M. Scanner, including an A+ squeeze on its 130-minute chart. Plus, it has earnings coming up next Wednesday, Oct. 30. The idea of this trade is to try and run higher into (but not through) earnings. [Emergency Election Webinar: FREE TO ATTEND]( If you're wondering which stocks will do best under each candidate... this free event is for you. [At 2 p.m. ET on October 29, Alexander Green will detail "the perfect election strategy."]( Along with his #1 stock for 2025 - no matter who wins! He's used this strategy to outperform the market following every election since George W... [MAL Elect]( And now he's revealing it in full... [Reserve your FREE spot today!]( Action Plan: As you’ll see in the chart above, ADP has a beautiful flag with multiple stacked up squeezes. Playing the 130-minute chart, I’d like to build this up into a 3-to-5 lotto position. And while I expect markets to be volatile as we head into the election, I’m bullish going forward because of the following stat… Over the last 20 years, the S&P 500 has closed November higher than it opened 73% of the time. So I’ll be looking to trade momentum stocks as we head into a potentially lucrative month. If you want to get all these stock alerts for November and onward, I recommend checking out [Profit Surge Trader](. Every month I trade ONE TICKER over and over again for maximum potential gains. So far I have a 78% win rate with this strategy on 106 trades closed in 2024. [Click here to get my next ONE TICKER monthly pick on Monday, Oct. 28.]( [Trump's Secret Weapon: 'Document 20' Unleashed]( [Trump in office]( Source: [Wikimedia Commons]( A explosive document written by Trump could send the Dow soaring to 75,000. Top analyst reveals details on which stocks might surge during the second Trump Stockwave. [Click to see the details before it's too late.]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [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](. © 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. 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.