Tuesday, August 27, 2024

♟ A New Setup as we Head Into All-Time Highs

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"Right now Apple has a very nice cup and handle pattern."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

The massive pullback from early August is over.

Now we're just one good day away from all-time highs on the SPY.

So I'm looking for an A+ trade setup that could follow suit.

And I think I just found one on my S.A.M. Scanner today.

Click the image below to get my latest trade setup.

Cup and Handle Pattern?!
 

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YOUR ACTION PLAN

As you'll see in the chart below, Apple (APPL) has a very nice cup and handle pattern. And like the SPY, I'm looking for APPL to hit new all-time highs. So I'm picking it up at the point of control (about $224-$225) and looking for a move higher.

Apple (AAPL) chart

(Click to enlarge)

If you like these trade setups and want access to all my trades where I use my artificial intelligence S.A.M. Scanner to find A+ setups for you, I recommend joining me in Daily Profits Live. Last week I closed a 112.50% on the SPXW in less than 1 trading day.

Click here to learn more about how I'm trading the artificial intelligence boom today.


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TESTIMONIAL TUESDAY

"COST In $2.75 out $3.60 (30% gain in 1 trading day). Thanks Nate."
- tlee9999

"38% (overnight) gain (on URBN)... very nice! Thanks Bryan!"
- kghicks99

"First trade of this nature (PUT SELL). In (SOFI) at .23, out at .10, 58% profit (in 77 days).. Went well! Thanks Karim! This type of trade was scary at first, thanks for walking us newbs through the process!!"
- Jman


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