A “Cup and Handle” Pattern With Lots of Potential

Editor’s Note: We’re just two days away.

Our Lead Technical Tactician Nate Bear is about to do something he’s never done before.

He’s hosting a “3-Day Trading Challenge” that anyone can join.

By signing up, you’ll get access to the Daily Profits Live member chatroom, receive dozens of trading recommendations, and compete in our first-ever holiday paper trading contest with up to $50,000 worth of prizes.

The event is completely FREE.

Click here to sign up today before it’s too late.

– Stephen Prior, Publisher


One of my favorite strategies in Daily Profits Live is what I call the “lotto trade.”

Lotto trades are a secret that Wall Street gatekeeps.

The funny thing is…

Wall Street talks about “lottery ticket” options like they’re a bad thing.

Yet I’ve been treating certain options like lottos for years.

In fact, every Friday in Daily Profits Live I look for lotto plays.

And last week, I found a chart with a lot of potential.

The ticker is Cava Group (CAVA).

Cava is the fast casual Mediterranean restaurant, but you’ll see below its chart is even more appetizing.

That 130-minute chart looks great.

It has a textbook “cup and handle” pattern, which I’ve outlined above.

And at the time of this writing, CAVA was breaking out of the handle part. Now the only question is will it close its previous gap. The upward arrow I drew shows there’s a lot of room to close that gap.

Overall, I’ll be looking for CAVA to take out $56 and close the gap around $60.

Action Plan: Lotto trades are one of my favorite strategies for fast gains, and I have a special way where you can start learning how to use them for your own real-time trading this week.

I’m hosting a special “3-Day Trading Challenge” on Wednesday, Dec. 17 that runs through Friday, Dec. 19.

The event is NOT some boring video training course that teaches you how to trade.

Instead, you’ll actually be able to use my strategies for your own trades in our brand-new paper trading competition platform, Monument Traders Battleground.

And if you net enough paper trade winners, you could be eligible for prizes valued at over $50,000 for top performers.

Click here to sign up today.

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