A Bullish Squeeze on This Retail Giant
With the economy showing strength, I’m focused on one thing this week…
Buying. The. Freaking. Dip.
You see… with the fed cutting rates and more earnings coming up, the current SPY is anything but bearish.
Which is why I have a trade setup on a dip buy play in today’s video.
Click the image below to get that trade.
YOUR ACTION PLAN
As you’ll see in the chart below, Costco (COST) has a daily squeeze and its already filled its post-earnings gap. So I’m looking to go long with a stop under the $875 ema. Using the 11/15 $920 calls, I’m looking for entry near the $886 mark, with a juicy target of $937.
If you want more trade setups like these, I recommend joining me in Daily Profits Live. Here I’ll walk you through all my trades in real time so you can see how my TPS trading system works. Last week I closed a 110.97% winner on CAVA in 4 trading days using this system.
Don’t miss out on my next big winner. Click here to join Daily Profits Live today.
TESTIMONIAL TUESDAY
“Out at 2.92, in at 2.04 on Sep19, +42% gain (on MARA) in 1 week. Thanks Karim.”
– Cire S.
“I closed the 3 Shares/Contracts I opened at $8.15 for $18.27. WHOO HOOO! 2700.00 (overnight) Profit!”
– coachrogers92
“In @ $0.90 and out @ 1.80 CAVA 100% (in 4 trading days) Thanks Nate.”
– web