Wednesday, October 16, 2024

♟ CVNA's 4 A+ Squeeze Setup Signals Potential Breakout

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Editor's Note: AI POWER BLITZ ALERT! 🚀

Nate Bear is about to unleash the power of AI on the markets!

📅 When: Thursday, October 17th @ 2PM EST

🏆 Past Blitz Wins: 100%, 287%, 1,129% in DAYS!

⏱️ This Time: Hunting explosive trades in just 2 HOURS!

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"With four A+ squeezes and consolidation under $200, CVNA could be your ticket to substantial gains in this volatile market."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

The market has shown some volatility lately, but I see this as a buy-the-dip opportunity.

As we enter earnings season and approach the upcoming election, caution is warranted. However, our overall theme remains: buy the dip.

Now, let's talk about what I'm watching:

  • S&P 500 (SPY): Despite recent volatility, I believe we're still in a buy-the-dip market.
  • NASDAQ (QQQ): Still below all-time highs, indicating some caution is necessary.

In this environment, what am I doing?

I'm using our AI tool, S.A.M., to scan for the strongest stocks with the best setups.

And I've found a gem: Carvana (CVNA).

Carvana (CVNA)

(Click to enlarge)

  • An impressive FOUR A+ squeezes across different timeframes (78-minute down to 10-minute)
  • A beautiful consolidation pattern underneath the $200 price point
  • High short float, adding potential for a squeeze
  • A perfect entry point based on volume profile

For my full take, click the image below and watch my video.

Buy-the-dip Opportunity
 

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YOUR ACTION PLAN

I'm looking to get long CVNA between $190 and $192.

My target is the psychological level of $200.

For the options play, I'm eyeing the October 25th $195 calls.

Why these calls?

They offer a good balance of risk and reward, with a week of time to allow the setup to play out.

Set an alert for CVNA between $190 and $192.

If triggered, consider entering a position in the October 25th $195 calls. Target profits at $200.

Remember, in this volatile market, it pays to be prepared and patient.

That's why I've already set my alerts. When that alert hits, I know exactly what to do. I've done my homework, and I'm ready to act.

But how do I spot these setups so quickly? The secret is in the power of AI.

Want to see how we spot setups like this in real-time? Join me for the first-ever AI Power Blitz!

I'm thrilled to invite you to a special event on Thursday, October 17th @ 2PM EST.

During this live session, I'll be using my AI-powered scanner, S.A.M., to hunt down explosive trade setups within just a two-hour window!

Over the past year, I've scored massive wins of 100%, 287%, and even 1,129% within DAYS during my trading blitzes. Now, you have the opportunity to:

  • Look over my shoulder as I demonstrate how to use AI to spend LESS time finding explosive trade setups
  • Get an inside look at how my proprietary AI tool works
  • Watch as I search for REAL, actionable trades... LIVE!
  • PLUS: Be the first to see some innovative NEW features that will revolutionize how traders find MASSIVE trades

This event is completely FREE and will be streamed LIVE inside the Monument Traders LIVE chat room.

Don't miss out on this chance to supercharge your trading strategy with AI.

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