Hey Gang,

Nate here, and I’m looking at DoorDash (DASH) right now – and honestly, this setup stopped me dead in my tracks.

So we’ve got the S&P 500 and Nasdaq hitting fresh all-time highs yesterday on earnings optimism, right?

Everyone’s getting excited about that 85% earnings beat rate we’re seeing.

But here’s what caught my attention: DASH is sitting right at its own 52-week high of $248.74, up over 44% year-to-date, and it’s got this beautiful technical setup heading into earnings.

And look, I know what you’re thinking – “Nate, you’re always telling us to buy the dips, not chase highs.”

But hear me out on this one.

This Setup Has Everything I Look For

So I pulled up DASH in my scanner, and boom – daily squeeze firing right now. That compressed spring energy we love to see.

But here’s where it gets interesting: we’ve also got stacked EMAs on both the daily and weekly timeframes.

Think of those like a highway for momentum – when all the moving averages are lined up in the right order, it just creates this clear path for price to keep accelerating higher.

It’s honestly one of the cleanest momentum setups you can find, especially when you combine it with that daily squeeze.

The Earnings Catalyst That’s Two Weeks Away

Here’s where it gets juicy: DASH reports earnings on August 6th.

That’s roughly two weeks away – which is like prime time for an earnings run-up, especially in a stock that’s already showing this kind of technical strength.

Everyone’s getting all excited about the companies that already reported and beat, but they’re missing the fact that some of the best moves happen BEFORE companies even report.

DASH is already proving it can run – it’s up 44% this year. But with earnings coming up and these technicals? This could just be getting started.

Sometimes You Actually Want to Chase Strength

Look, I get it. Conventional wisdom says never chase.

But when you have a stock hitting 52-week highs with stacked EMAs, a daily squeeze, and an earnings catalyst two weeks out? Sometimes the momentum is telling you something important.

The crowd thinks buying at highs is dangerous. But I’ve learned that strength often leads to more strength, especially when the technicals are this clean.

It’s like betting on the fastest horse in the race instead of the cheapest one.

Here’s What I’m Watching

I’m looking for DASH to break above that $248.74 level with some volume behind it. Once it clears that 52-week high, those stacked EMAs could provide the runway for a serious move higher into earnings.

I don’t have a position at the moment, but I’ll be watching this breakout level closely over the next few sessions.

If we get that break, I’d probably look at some August calls to play the earnings run-up.

When momentum is this clear and earnings are this close, sometimes you follow where the strength is taking you.

Your Action Plan

This DASH setup is exactly the kind of earnings momentum play that works when everything aligns – technical strength, fundamental catalyst, and market timing all coming together at once.

But here’s what’s interesting…

I’m seeing similar setups across multiple stocks in the same sectors right now. Like the market is rotating money into specific areas all at once.

Food delivery, cloud software, even some biotech names – they’re all showing these stacked EMA patterns with earnings catalysts coming up.

When I see patterns like this across entire sectors instead of just individual stocks? That’s when I start thinking “sector strike” instead of single plays.

That's why I'm going live tomorrow (Wednesday, July 23rd at 2 PM ET) to walk through what I’m seeing across these different sectors – and how I’m planning to play it.

I’ll show you the specific sectors lighting up on my scanner, the technical patterns I’m watching, and how I structure trades when momentum is moving through entire industries like this.

Join My FREE Sector Strike Mission Briefing – Wednesday, July 23rd @ 2 PM ET

Because individual plays like DASH are nice…

But when whole sectors start moving together? That’s where the real money gets made.

Talk soon,

Nate