It seems like I talk about this every week, but the SPY keeps climbing higher and higher.

As a result, I’m anticipating a pullback.

If that happens, I’ll be ready to buy.

And I have one ticker on my radar right now for a trade. Click the image below to see exactly how I’m playing it.

YOUR ACTION PLAN

Affirm has a large bull flag on the daily chart and 16% short float. Using the 3/15/24 $40 or the $50 calls, here is the trade plan. I’m looking for initial entry between $40-$43 and a stop on a close under $37. With targets at $56.54 and $61.70.

(Click to enlarge)

For more trades post-earnings, check out my “post-earnings surge” strategy in Profit Surge Trader. Since inception back in August 2023, I’ve posted an 87% win rate, closing 40 of 46 trades for winners, and all I do is trade one ticker after earnings multiple times for maximum potential gain.

Click here to start following along with my “One Ticker Payout” trades in Profit Surge Trader.

P.S. I love answering your questions. It’s the best and most rewarding part of my gig. If you have a ticker or chart you want me to break down – or just a general trading question – please email me at feedback@monumenttradersalliance.com. I’ll let you know my thoughts on a few submissions in a future video.

TESTIMONIAL TUESDAY

“I closed the 10 shares/contracts I opened (on CFLT) at $2.22 for $6.97. 213.96% overnight. Thanks @Bryan. Nice one!”
– BADGER_B

“Bought ULTA @ $2.20 and sold it @ $6.00 for a 172% win over night., Thanks Nate.”
– CharlesH