You know, it’s wild.

The market’s been on a tear these last few weeks, but stocks are still hanging tough.

Part of me is thinking, ‘No way this can last,’ but I’ve learned the hard way not to let my gut feelings run the show.

So, I’m actually starting to dip my toes into some riskier plays.

But hey, don’t get me wrong..

I’m still relying on my setups to find these stocks, more specifically the S.A.M. AI Scanner.

It recently found a high-risk high-reward stock that I want to share with you for today’s watchlist pick.

The company I want to bring to your attention is Sphere Entertainment (SPHR).

The Sphere is a revolutionary entertainment venue that opened in Las Vegas in 2023. What makes it special is its immersive audiovisual technology, including a massive high-resolution LED screen that wraps around the interior and an programmable LED exterior.

This allows for uniquely immersive experiences for concerts, shows and events that go beyond traditional venues.

And while that sounds cool.

It’s the setup which drew me to the stock.

As of last Friday’s price action, it had several bullish signals on the 5-min, 15-min, 30-min, 1-hour, and 4-hour charts.

Including a squeeze on the 2-hour chart.

A squeeze can signal a potential big move in a stock after a period of low volatility.

Think of it like a volcano – the longer magma builds up beneath the surface, the more powerful the eruption when it finally breaks through.

But that’s not all…

What can make super explosive is that the stock is among the most hated on Wall Street.

What do I mean by that?

Well, 25% of the floating shares are short the stock.

In other words, if the stock can continue to build on its positive momentum, it could ensue a “short squeeze.”

Which would create a dramatic move higher.

Action Plan: I’ve started to build a position in SPHR in my Daily Profits Live Portfolio, using call options.

The stock has a good chance this week of breaking past its 52-week highs, and potentially squeezing significantly higher.

If you’d like to learn more about what and how I trade in Daily Profits Live, check this out.