Tuesday, August 1, 2023

♟ A Great Spot for All-Time Highs

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"I think this stock will turn, catch a bid and break above $300."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Tech stocks are all the rage right now in what's been a bullish market for the first half of 2023.

But I'm looking to trade a name outside the tech sector.

It has a classic TPS setup, and it's trending higher - in fact, I believe it could reach all-time highs.

Click the image below to see how I'm trading it.

Why This Non-Tech Stock Could Break Out
 

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YOUR ACTION PLAN

McDonald's (NYSE: MCD) has a classic TPS setup on the daily chart. I want to buy the September 15 $290 calls when the price of MCD is between $288 and $291. Then I'll look for the momentum in the chart to shift, propelling MCD to break over $300 and eventually start to move toward $310 or higher.

McDonald's Corporation Chart

(Click to enlarge)

If you're looking for more trading ideas like this and want to start trading alongside me in real time, I invite you to join me in Daily Profits Live. The recent market rally has opened up new opportunities to find winning trades using my TPS system - last week I closed a 184.16% winner on Adobe (ADBE) in 23 trading days.

Click here to learn more about my mission to turn a $37,000 account into $1 million in verified trading profits.

P.S. My colleagues here at Monument Traders Alliance are about to reveal a special artificial intelligence-based trading tool tomorrow at 2 p.m. ET. This new tech has the potential to provide more trading opportunities for the chance at faster gains.

Click here to get on the guest list before it's too late.

Alexander Green
 

He owns...

Amazon... 6,300%

Netflix... 20,400%

Apple... 94,000%.

Now he's unveiling the...

"Next Great American Super Stock."

[More Here]
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TESTIMONIAL TUESDAY

"UBER in at $2.12 out at $2.40 for a 12% one hour gain. Thanks Bryan. Thanks War Room."
- tlee9999

"I closed the 1 shares/contracts [of SPWR] I opened at $1.15 for $1.30. Out at $1.30 for 13% profit [in less than one trading day], thanks BB"
- PamelaH

 

INSIGHTS YOU MAY HAVE MISSED

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Let's Keep Playing the "Lag Effect"

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