Tuesday, May 23, 2023

♟ Why I'm Going Long on This Tech Stock

Trade of the Day Logo

View in browser

"Right now, I'm looking for a small reversion and then a continuation higher."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

The markets are choppy.

But one tech stock has a strong setup.

I'll show you exactly why I'm looking to get long on it in today's video.

Plus, I'll be showing a key trading concept we can use when a market index gets to an ATR (average true range) of +3.

Click the image below to watch.

The Tech Stock I'm Going Long on
 

$30 Trillion Debt Bill Is Now Due

Big bomb of money
 

For decades... politicians have racked up huge debt with no thought of the future.

Now... the bill is due.

It's unleashed a financial storm called "America's Reckoning"...

Discover Why You Must Prepare Before June 2 (CLICK HERE)

Logo

YOUR ACTION PLAN

I think Netflix (Nasdaq: NFLX) is going to be a leader, and I'm looking to get long and stay long in this name. I have a symmetry zone between $357 and $359, so I'd like to buy the June 16 $375 calls on a pullback to that zone and look for a move toward $400.

NFLX Chart

(Click to enlarge)

P.S. With most stocks down right now, it can be tempting to sit on the sidelines and avoid trading... but that's a mistake. The truth is there's a small group of stocks that are still performing well, and it's vital to focus on these stocks because of their potential to beat the S&P 500 and drastically outpace inflation.

To see how I'm trading these select stocks, I invite you to join me in Daily Profits Live. I'm currently on a mission to turn $37,000 into $1 million in verified trading profits.

Click here to start trading alongside me.

Wall Street Insider "Leaks" +1,700% Anomaly:

"Overnight Drift"

Military pilot and aircraft
 

The Market Phenomenon Wall Street Has Been Hiding Since 1993

Trophy

TESTIMONIAL TUESDAY

"I followed your lead but a lower call to lower my cash investment. 38.50c [on PFE] in at $.65 out $.91 for 40% return [in less than one trading day]. Thanks Bryan."
- JackG1

"In TWLO 16 Jun 48 calls at $2.80. Out at $3.57 for a 27% overnight gain. Thanks Bryan. Thanks War Room."
- Tlee9999

 

INSIGHTS YOU MAY HAVE MISSED

Burning Money

I Blew Up a $10,000 Account… 3 Key Takeaways for YOU

Watch This Indicator During Debt Ceiling Drama

A Crucial Indicator as Debt Talks Continue...

Hands Representing America and China Reaching for Lithium

China Is Risky... but There's a Way to Play It

the

Play the "Great Rescheduling"

Instagram

Follow Us on Instagram!

FACEBOOK

TWITTER

 

No comments:

Post a Comment

Exposed: 3 Cent Crypto to Explode December 16th?

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ...