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META could be setting up for another BIG trading opportunity — join Graham live at 2 p.m. ET Thursday for the details! In a bit of an ironic twist, just about every sector was up this morning outside of Technology… During my live premarket session — join me at 8 a.m. ET each morning! — I mentioned Block (SQ) as a stock to watch, and boy is it ripping, up 6.3% as of 10:40 a.m. It pays to tune in, so be sure and join me live! While SQ is roaring higher, Tesla (TSLA), meanwhile, has been sinking all year… And it just got another downgrade from Wells Fargo, which said it could fall another 30% from here. Here’s my read… If TSLA breaks below the channel I marked in the chart below and closes below it, it will be a true breakdown and big funds will likely begin jumping ship. It’s holding the channel so far but if it breaks, it could be a “look out below!” situation for the struggling no longer “Magnificent 7” stock. In regard to the broad markets, one thing that’s encouraging to me at least about this week’s move is that non-FANG stocks are participating. So it’s not just Amazon (AMZN), Alphabet (GOOG, GOOGL), Meta (META), Netflix (NFLX) and the like doing all the heavy lifting. In fact, if you take a look at the Invesco S&P 500 Equal-Weight ETF (RSP), it looks very bullish! Long story short, I think the market has found its near-term bottom. That’s all for now, be sure and tune in at 8 a.m. ET tomorrow for my Premarket Must Watch! Hit that Subscribe button on my YouTube channel and be notified when I go live for my premarket breakdown of the day’s most important news, setups, trade ideas and more, every weekday! Roger Scott Roger Scott Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: https://t.me/+_vmfwkeP8fA5YWQ5 *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. If you can spot that particular candlestick on a META chart, your trading style could be about to change forever. Why? Expert Graham Lindman says it’s a tell-tale sign that big ol’ META could be ready to make an exceptional move. While it hasn’t been triggered yet, the ticker has been showing signs of life recently. That’s right… It could be teeing up again. Similar activity in the past led to him bagging seven big winners in a row dating back to February. Now he’s ready to see if he can spot a new trade opportunity for us to consider on the ticker and make it a cool eight in a row. Obviously, he cannot promise you future profits or against losses. But if you want to hear more, he’ll be live at 2 p.m. ET on Thursday, March 14, to cover all of the exciting details. Tap here to secure your spot for Graham’s new META trade. Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, click here. To download to your Android device, click here. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, click here. To download onto your MacOS, click here. 3. Then add our channels by clicking these links!
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