| Their recent Q2 earnings results were impressive, showing strong growth and improved financial performance. The company reported double-digit increases in total orders and revenue, with a narrower loss per share compared to the previous year. Revenue exceeded Wall Street expectations, reaching $2.63 billion. DoorDash also achieved record-high adjusted EBITDA of $430 million and increased free cash flow by $140 million. The company's success is attributed to expanding beyond food delivery into other categories, such as convenience deliveries, which has broadened their total addressable market. This diversification strategy, along with strong order growth and margin improvements, has led to optimistic outlooks from market analysts and company executives, who see significant potential for continued growth and profitability. The day following its earnings release shares went from $108 to $121. The way I like to trade earnings winners is to wait. More specifically, I want to see it hold its big move and consolidate for a few days or a week. In this case, DASH has done that. In addition, on Friday it formed a daily squeeze. A stock's behavior after a period of low volatility is akin to a dormant volcano. During quiet periods, pressure gradually builds beneath the surface, unseen but steadily increasing. When the pressure finally reaches a critical point, it can lead to a sudden and explosive eruption, dramatically altering the landscape. Similarly, a stock that has been trading in a narrow range may be building up potential energy for a significant price movement. When market forces finally trigger a breakout, the resulting move can be swift and powerful, potentially reshaping the stock's trading pattern and valuation. But that's not all… It has stacked EMAs. Stacked EMAs are considered bullish when shorter-term EMAs are above longer-term EMAs, with prices above all EMAs. This arrangement indicates positive momentum across multiple timeframes, suggesting a strong uptrend in the asset's price. In addition, there is an A + setup on the 195-minute according to the S.A.M. AI Scanner. If you can check enough boxes, then your likelihood of success increases. And that's what I believe we have here with DASH. Your Action Plan: I'm closely watching DASH for an entry in my Daily Profits Live Portfolio, if I take a position, I will do it using options via call options. Its most recent high this year is $143.34, a level I think we might see again before the year is up. If you'd like to discover how I trade ideas like this you're in luck. Because on September 9th to the 13thI'm opening up my Daily Profits Live Room for FREE. You heard that right… It's your chance to trade alongside me for an ENTIRE WEEK. This is an invite-only event, so if you want to join me make sure to register. Click here to sign up at no-cost. | 
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