This Fast-Casual Chain is Cooking Up a Breakout

CAVA Group (CAVA) - A Fresh Squeeze Play‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

"Given its fresh squeeze, I think CAVA has a chance to make a run to the 52-week highs." Nate Bear, Lead Technical Tactician, Monument Traders Alliance Despite ongoing uncertainties in the Middle East, the Federal Reserve's next move, and the upcoming Presidential election, the markets are holding up relatively well. We're seeing a back-and-forth pattern, with bulls and bears seemingly playing ping pong. However, it's crucial to remember that the overall trend remains bullish. As always, I'm focusing on high-quality setups that offer the potential for substantial gains in the shortest time possible. Today, I want to bring your attention to CAVA Group (CAVA). What does CAVA do? Former CBOE Trader Reveals the Biggest Secret of the Pits For the first time ever, former CBOE trader Bryan Bottarelli is revealing a NEW way you can play this market's wild swings - both UP and DOWN. CLICK HERE TO FIND OUT MORE CAVA Group operates a chain of fast-casual Mediterranean restaurants. They offer customizable meals with a focus on fresh, healthy ingredients, catering to the growing demand for nutritious and flavorful quick-service options. Why I like CAVA right now: Fresh Daily Squeeze: CAVA got a fresh daily squeeze yesterday. The Squeeze is a powerful momentum indicator that helps identify potential breakouts. It measures the relationship between Bollinger Bands and Keltner Channels to detect periods of consolidation (squeeze) before explosive moves. Stacked EMAs: CAVA is currently showing daily and weekly stacked Exponential Moving Averages (EMAs). This is bullish because it indicates strong upward momentum across multiple timeframes. When shorter-term EMAs are above longer-term EMAs, it suggests that recent price action is outperforming historical trends. Consolidation near highs: The stock has been consolidating during the last few trading sessions, trading at around $124-$125. This consolidation near recent highs can often precede a breakout. Potential breakout target: Given the fresh squeeze and strong technical setup, I believe CAVA has a chance to make a run towards its 52-week high of $131.82. Your Action Plan: Watch for a breakout above the recent consolidation range (around $124-$125). Consider entering on a break above this level with a stop loss below the consolidation range. Target the 52-week high of $131.82 for potential profits. Now, a move from $125 to $131 doesn't sound like much. But when you're trading options, like how I like to trade, the returns have the potential to be massive. Want to learn more about how I find and trade these setups? Join me in the Daily Profits Live Room, where we use advanced tools like the S.A.M. AI Scanner to identify high-probability trades across multiple timeframes. Don't miss out on the next potential winner – click here to get started today! NEW RESEARCH: AI Trading Tool "S.A.M." 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