A Double Winner on Microchip Company

This is why waiting for pullbacks and getting back in can be lucrative.‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

"Pullbacks can be lucrative when you know when to get in and out of a stock." Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Editor's Note: 2025 is almost here, and we're in the midst of major shifts in certain sectors of the market. But don't worry - our Lead Technical Tactician Nate Bear has you covered. Nate is going LIVE on Wednesday, Dec. 4 to walk you through how to trade this latest sector rotation. He's calling it "Sector Strike," and during this free presentation you'll learn which sectors to move out of and which ones to target for your trades. Click here to learn more about Nate's FREE Sector Strike event. - Ryan Fitzwater, Publisher --------------------------------------------------------------------------------------------------------------------------------------- Last week War Room members took profits on Wolfspeed (WOLF). And this week – they had a chance for another winner. I had mentioned waiting for a pullback and another bounce on support in the watchlist last week. The goal was to buy WOLF around $5 as it was nearing support at $6. And on Monday, we got that bounce off support. As you'll see in the chart above, WOLF was screaming upward to start the trading week. The stock was up 16.82% on Monday. This is why waiting for pullbacks to hit certain support levels can be lucrative. It gives traders the chance to take multiple winners on the same stock like we did with WOLF. Imagine how much these trades can add up to when you're making them multiple times per week. And recently, WOLF saw more insider buying – with Independent Director Darren Jackson recently buying $250,000 worth of stock, paying US $6.76 for each share. So there's signs of real optimism surrounding the company. Millionaire Trader's New AI Detects Profit Surge On Monday, December 2 A revolutionary new AI just detected a powerful market force that gave traders the opportunity to beat the market by 1,700% to begin the year... Get the details on the next big move on Monday, December 2 Show the details Action Plan: Insider buying and pullbacks are a great way to trade multiple potential winners on a stock. Imagine how much these trades can add up to when you're making them multiple times per week like we do in The War Room. If you want to see exactly how I get in and out of plays like WOLF, I invite you to join today. Click here to learn more. P.S. My colleague Nate Bear is about to reveal a brand new trading strategy next week to take advantage of the upcoming major changes in the market heading into 2025. Click here to join his live event for FREE next week. You won't want to miss this one. Alex Green's #1 AI Stock Right Now Where He's Invested $100K of His Own Money Find out where he's invested $100,000 of his own money... Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. 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