A Post-FOMC Trade Setup for You

The SPX has been pretty wild with the recent bank failures.

So I’m in “wait and see” mode right now.

But there are a few chart setups I really like.

One of them happens to have all three components for my TPS system.

Click the image below to see when I could enter this trade.

I'm Waiting For the Right Price on this Tech Stock



Fortinet (Nasdaq: FTNT) is a bullish chart with all the components for a trade. It has a trend, a pattern and a squeeze. I’ll be waiting until the Federal Open Market Committee (FOMC) announcement on Wednesday before I make a move. But if the right price comes to me, I’ll be looking to purchase the April monthly $60 calls on a pullback.

Fortinet(Click to enlarge)

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