Editor’s Note: Don’t Miss the Tax Savings Summit!

🚨 When: Wednesday, March 19th, 2:00pm – 3:00pm (ET)

🚨 Where: Monument Traders LIVE! Chatroom (RSVP Here)

🚨 Hosted By: Karim Rahemtulla & Prime Corporate Services

Tax season is here, and this FREE event is packed with strategies to help traders save on capital gains taxes! Here’s what you’ll learn:

• How the 2018 Tax Cuts and Jobs Act allows traders to write off expenses
• The 3 legal ways to trade and their tax implications
• What a “Trader’s LLC” is and how it could cut your tax bill
• And much more!

Plus, Prime Corporate Services will be sharing exclusive gifts to help you maximize your tax savings this year.

Don’t miss out—join us for this special training event!

–Ryan Fitzwater, Publisher

Alright gang, let me break down what I’m seeing in the markets right now. It’s been absolutely wild lately, right?

We’ve got this crazy volatility, Trump’s tariff drama, and now everyone’s holding their breath for the FOMC announcement on Wednesday.

The market’s basically been on a rollercoaster, and a lot of traders are feeling pretty seasick right about now.

But here’s the thing – this is exactly when you want to be looking for the absolute best setups. The cream rises to the top during chaos, and I’ve got one that’s just screaming for attention.

I’m talking about Alibaba (NYSE: BABA), which has been an absolute monster this year. While the broader market’s been choppy as heck, BABA has surged a ridiculous 73% year-to-date.

That’s not just outperforming – that’s absolutely crushing the indexes.

What I absolutely love about this setup is how clean the technicals are.

We’ve got a daily squeeze setting up, beautifully stacked EMAs on multiple timeframes, and the kind of relative strength that makes you sit up and take notice. Let me walk you through why this one has me so excited.

This Daily Squeeze Is Ready to Pop

So first off, check out this daily squeeze that’s forming. For those who might be newer to my approach, a squeeze happens when Bollinger Bands contract inside the Keltner Channels. It’s basically showing us that volatility is compressing, like a spring coiling tighter and tighter.

What makes this so powerful is that these squeezes almost always lead to big moves. The energy builds up and has to release somewhere – and when you’re seeing a squeeze form near 52-week highs like we are with BABA, it typically fires to the upside.

This is exactly the kind of setup I’m hunting for – a stock that’s already shown strength, consolidating near highs, with a squeeze ready to fire. It doesn’t get much better than this, folks.

Stacked EMAs – The Ultimate Trend Confirmation

Now let’s talk about these EMAs, because they’re absolutely gorgeous on BABA right now. We’ve got the shorter EMAs (8, 21) sitting nicely above the longer EMAs (34, 55) on both the daily and weekly charts.

I absolutely love seeing stacked EMAs like this. It’s one of the clearest signs that you’re in a strong, healthy trend. Each EMA acts like a floor during pullbacks – it’s like having multiple safety nets underneath the price action.

And what’s really impressive here is that we’ve got this alignment on both timeframes. That’s huge! When you see stacked EMAs on the daily AND weekly charts, it tells you this isn’t just some short-term move. There’s serious momentum behind this.

This Relative Strength Is Off the Charts

Now let’s talk about what might be the most important part of this setup – BABA’s insane relative strength. While most stocks have been getting beaten up, BABA’s up 73% this year. That’s not just good – that’s crazy good.

This kind of outperformance is the ultimate tell. It shows you where the big money is flowing.

When a stock can power higher while everything else is struggling, it tells you there’s serious conviction behind the buying.

I always pay attention to relative strength during volatile markets because it shows you exactly which stocks have the muscle to keep moving higher even when things get rough. BABA has been an absolute beast in this department.

BABA’s Got Earnings Muscle Too

And it’s not just the technicals that look great – BABA’s fundamentals are starting to really fire on all cylinders. Their latest earnings showed revenue growth accelerating to 8% year-over-year, which is the fastest pace we’ve seen in over a year.

After a bunch of restructuring efforts, their core e-commerce business is growing again at 5%, and their cloud business is absolutely crushing it with 13% growth.

They’re making serious moves in AI too, which is exactly where you want to be positioned right now.

Your Action Plan

So here’s what I’m thinking on BABA. I don’t have a position yet, but this is absolutely at the top of my watchlist.

The beauty of stocks at 52-week highs is that there’s no overhead resistance – it’s blue sky above.

And when a squeeze fires at these levels, we often see explosive moves higher as shorts cover and new buyers rush in.

The technical picture is about as clean as it gets, and with earnings momentum behind it, this has all the ingredients for a monster move.

When stocks are already at 52-week highs and forming squeezes, they’re telling you they want to go higher.

In markets like these, I’m focused on strength, not hoping for bounces in weak names. BABA is showing the kind of technical strength and fundamental improvement that tends to continue, even when the broader market is struggling.

While everyone else is obsessing over the Fed and tariffs, I’m keeping my eye on setups like this that can deliver regardless of what Jerome Powell says on Wednesday.

And if you’re looking for more high-probability setups like this one but with even faster results, definitely check out my Opening Bell Aftershocks strategy.

It’s all about catching explosive moves that happen just minutes after the market opens.

In fact, I’ve caught moves of 100-300% in just a few minutes.

Click here to learn how to start trading Opening Bell Aftershocks today.