A Great Spot for All-Time Highs
Tech stocks are all the rage right now in what’s been a bullish market for the first half of 2023.
But I’m looking to trade a name outside the tech sector.
It has a classic TPS setup, and it’s trending higher – in fact, I believe it could reach all-time highs.
Click the image below to see how I’m trading it.
YOUR ACTION PLAN
McDonald’s (NYSE: MCD) has a classic TPS setup on the daily chart. I want to buy the September 15 $290 calls when the price of MCD is between $288 and $291. Then I’ll look for the momentum in the chart to shift, propelling MCD to break over $300 and eventually start to move toward $310 or higher.
If you’re looking for more trading ideas like this and want to start trading alongside me in real time, I invite you to join me in Daily Profits Live. The recent market rally has opened up new opportunities to find winning trades using my TPS system – last week I closed a 184.16% winner on Adobe (ADBE) in 23 trading days.
P.S. My colleagues here at Monument Traders Alliance are about to reveal a special artificial intelligence-based trading tool tomorrow at 2 p.m. ET. This new tech has the potential to provide more trading opportunities for the chance at faster gains.
Click here to get on the guest list before it’s too late.
TESTIMONIAL TUESDAY
“UBER in at $2.12 out at $2.40 for a 12% one hour gain. Thanks Bryan. Thanks War Room.”
– tlee9999
“I closed the 1 shares/contracts [of SPWR] I opened at $1.15 for $1.30. Out at $1.30 for 13% profit [in less than one trading day], thanks BB”
– PamelaH
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