In January we saw a nice rally in the SPX.

Now we’re experiencing a pullback. But there’s still plenty of trade action to be had.

I go over two potential plays in today’s video.

You won’t want to miss this one.

Click the image below to watch.

YOUR ACTION PLAN

First Solar (Nasdaq: FSLR) has a great “standard” TPS setup. We have a name near 52-week highs with a strong trend, a great pattern and the start of a squeeze. It has earnings coming up on February 23, and I’m looking to get long for a run into those earnings. I’d like to buy the February 24 $170 or $175 calls when the price of FSLR is around $168, and I’ll look for a new high into earnings.

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The second name is Beyond Meat (Nasdaq: BYND). This is a name without a TPS-style setup, but it has nearly 40% short float and it announces earnings soon. My plan is to use the earnings as a catalyst for a short squeeze. I’m looking to buy the BYND February 24 $20 calls when the price of BYND is near $18. This is an “if/then” trade – if BYND can hold the $18 level, then I want to be long looking for a run into earnings. If BYND cannot hold this $18 level, then I want to close the trade and look elsewhere.

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If you’re looking to get more trades, I recommend checking out The War Room. Bryan and Karim are off to a hot start in 2023, boasting a 100% win rate on nine trades last week and an 86% win rate overall. Right now they’re guaranteeing members will receive 252 winning trades in their first 12 months.

Click here to join The War Room.

P.S. Your help is needed. Due to the recent tragic earthquake in Turkey and Syria, we are showing any interested readers where they can donate to help relief efforts. Relief International is a large international nonprofit that’s on the ground in Turkey and Syria right now.

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TESTIMONIAL TUESDAY

“I closed the [AI] 2 Shares/Contracts I opened at $3.90 for $6.00 [in two trading days]. Thanks Bryan for a 54% winner to start the week.”
– Chris F.

“In [TSLA puts] at $.90 out at $.65 for 38% [in 42 trading days]. Thanks Karim.”
– MargeCT