Hey Gang,

It looks like everyone’s chasing these extended names and they’re about to get their butts kicked.

But I found something that has me really excited.

IONQ.

This thing has everything I want to see.

But before I jump in, I just want to give you my quick take on the market.

The “Extended on Extended” Trap Most Traders Fall Into

So when I look at the SPY right now, we’re sitting at about plus 2 ATR from the 21 EMA. That’s extended, okay?

Now, does that mean we can’t trade?

Absolutely not. But here’s what I see happening – traders get FOMO when markets are ripping, and they start buying extended stocks when the indexes are already extended.

That’s what I call “extended on extended,” and that’s how you get your butt kicked.

Why IONQ Has Me So Excited Right Now

Everyone’s chasing garbage setups right now, but IONQ is different. Let me break this down for you because this is really important.

First – The Stacked EMAs Are Perfect

When I say “stacked EMAs,” here’s what I mean. You’ve got your 8 EMA above your 21 EMA, above your 50 EMA, right? They’re all lined up like stairs going up.

Why does this matter? Because each one of those EMAs represents a different group of traders.

The 8 EMA? That’s your short-term momentum crowd. The 21? That’s your swing traders. The 50? That’s your longer-term position traders.

When they’re all stacked bullishly, it means EVERY timeframe of trader is making money going long.

You know what that creates? It creates this beautiful situation where every pullback gets bought. The 8 EMA acts like a trampoline, bouncing price higher.

But here’s the thing – and this is important – IONQ has stacked EMAs on BOTH the daily AND weekly charts.

Now you’re talking about alignment across multiple timeframes. That’s when stocks can really, really run.

Second – The Multiple Squeeze Setup

Okay, so on IONQ right now, we’ve got squeezes on the daily timeframe and a few on shorter time frames (10m and 15m). Here’s why that’s so powerful. Each squeeze represents pent-up energy on that timeframe.

The more you compress it, the harder it snaps back. Well, when you have multiple timeframes all compressed at the same time, and they all release at once?

That’s when you get those moves that just leave people scratching their heads like “where did that come from?”

Why This Setup is Special Right Now

Here’s the key thing – IONQ is NOT extended.

Remember what I said about extended on extended? Well, IONQ is trading below its 52-week highs of $54.74. It’s in what I call the “buy zone.”

Look, while the indexes were struggling on Monday- IONQ is holding up beautifully. That’s called relative strength, and that’s exactly what you want to see.

The Math Behind Why This Works

Now,here’s something most people don’t think about.

When you have a daily squeeze AND stacked EMAs, you’re basically getting confirmation from two completely different technical concepts.

The squeeze is telling you volatility is about to expand.

The stacked EMAs are telling you the trend is strong and every dip gets bought. Put those together and what do you get? You get expansion in the direction of the trend with built-in support levels.

It’s like having a rocket with multiple stages, you know? The squeeze gives you the initial thrust, and the stacked EMAs give you the sustained fuel to keep climbing.

Your Action Plan

Alright, so here’s my plan on IONQ. I want to see it break above VWAP and take out $45, which it did yesterday. If it can do that, I think we’re looking at a move back to the highs, which is up around that $52-$57 area.

I’m scaling into this one. I don’t just throw all my money at it at once. I add a little when it shows strength above VWAP, if it stays above $45, I’ll be looking to add today. That way I’m building a position as it proves itself.

And remember to position size appropriately – we’re in an environment where you want to scratch that trading itch, but you don’t want to get your butt kicked if things pull back.

This is exactly the kind of setup that can work even when the broader market is getting a little toppy.

And while I am cautious about the market, there’s one specific setup I can’t wait to trade as we approach earnings season.

It’s called Opening Bell Aftershocks.

I know a lot of people will tell you not to trade earnings and that it is just gambling your money away.

I agree. But I don’t trade earnings the way most people do. In fact, this strategy allows me a chance to earn triple-digit returns in a matter of minutes when executed correctly.

👉 Click here to discover the Opening Bell Aftershocks system