Thursday, December 12, 2024

Delicious A+ Squeezes on this Food Company

Trade of the Day Wake-Up Watchlist

"Squeezes are one of my biggest buying signals in Daily Profits Live."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

When I'm looking for A+ setups using my S.A.M. Scanner, one of the biggest buying indicators I look for are squeezes.

A squeeze is like a coiled spring on a stock.

The stock keeps pushing against a support level, volatility contracts, and then it often presents the setup for an explosive move.

One company that has multiple A+ squeezes right now on the 130m and 30 min chart is Yum Brands (YUM). It also has a squeeze on the weekly chart.

YUM is an American multinational fast food corporation listed on the Fortune 1000. It operates the brands KFC, Pizza hut, and Taco Bell.

 

As you'll see in the chart above, YUM has the classic stair step pattern I look for in a healthy trend.

While I haven't initiated a position yet, I'll be watching this setup carefully.

Ancient Trading Secret Predicts Explosive Stock Moves

A 300-year-old pattern that turned a humble rice merchant into a Samurai is now signaling explosive stock gains like 210% in 2 days. See the pattern here.

Action Plan: The technical pattern I'm seeing in YUM right now is the kind of setup that demands close attention.

I'll be following YUM closely in Daily Profits Live this week, and If you want to be notified exactly when I make my next trade, I invite you to join me today.

Last week I closed 13 of 16 trades for winners, including a 90% winner on DXCM in less than 1 trading day.

To start trading squeezes like YUM alongside me, click here.

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