An Oil/Gas Play for This Week

There’s a lot of attention on tech right now, especially with AI giant NVIDIA Corp. (NVDA) reporting earnings tomorrow.

However, I believe money could start flowing into energy.

And I go over exactly why in today’s video. Plus I have a new trade setup for you in the oil/gas sector.

Click the image below to get the trade.

A Chart in the Oil/Gas Sector With a Bullish Flag

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YOUR ACTION PLAN

Marathon Petroleum Corp. (MPC) has a very nice 195 minute squeeze setup here just under all-time highs with a weekly squeeze having already fired to the long side. Using the March 15th 2024 $165 calls, here is the trade plan: I’m looking for entry near $170, and a stop on close under $166.

A Chart in the Oil/Gas Sector With a Bullish Flag(Click to enlarge)

If you want more trades like these, I invite you to join me in Daily Profits Live. Last week I closed 13 winning trades for a 76% win rate. One of those wins came in the form of a 260.90% return on META in less than 1 trading day.

Click here to discover the Daily Profits Live community today.

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.


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TESTIMONIAL TUESDAY

“In (DBX) @1.85, Out @4.50 over 100% (overnight). An amazing win and a lesson learned. Thanks Bryan.”
– 4Freedom2020

“I closed the 2 Shares/Contracts (on LYFT) I opened at $.64 for $.32. Closed at .32, profit of 50% (in 16 trading days), Thanks Karim.”
– PamelaH

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


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