My Favorite Chart Right Now

The brutal September is over, and October has traditionally been better for the markets.

However, we’re still seeing plenty of volatility.

There’s hope on the horizon, though, as my chart analysis is currently indicating there’s a chance of a reversal in a key index.

Now, this reversal might NOT happen. But Big Tech has been leading the charge in 2023, and several tech companies have earnings coming up. If these companies beat expectations, it could be a major catalyst for a reversal to the upside.

In today’s video, I go over one particular tech company with an undeniably bullish chart.

Click the image below to see how I’m trading it.

A Bullish Pattern On This Tech Giant

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YOUR ACTION PLAN

Meta Platforms (Nasdaq: META) is a very strong stock with stacked squeezes on the 130-minute, 195-minute and daily charts. The company has earnings coming up in four weeks, and its chart is showing a great pattern. I think any strength in the Invesco QQQ ETF (Nasdaq: QQQ) could cause META to break over $310 and start to push, so I want to buy the October 27 $330 calls on a dip to $300.

Meta Platforms Chart(Click to enlarge)

I’ve traded tons of Big Tech names like META as part of my latest service, Profit Surge Trader. This service allows me to trade just ONE TICKER over and over again based on a unique chart phenomenon I call the “Earnings Profit Surge.” When I backtested this strategy, I quickly learned it had the potential to generate profits of 141%, 332% and even 2,614% in under 11 days!

Go here to get access to my new “One Ticker Payout” on Monday, October 9.

P.S. I’d love to answer your questions on any chart setups you’re interested in knowing more about. If you have a ticker you want me to cover with my TPS system, email me at feedback@monumenttradersalliance.com – I’ll let you know my thoughts on a few submissions in a future video.


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TESTIMONIAL TUESDAY

“I took a 66% quick win on GOOGL [in Profit Surge Trader in four trading days].”
– TKETIM1

“I closed the 1 Shares/Contracts I opened at $5.45 for $7.60. STC NKE strangle for a 39% overall gain [overnight]!!! Thank you Bryan B!!!”
– BoomerMC

“STO [FLR] Jan19 ’24 $30 P at $0.97, BTC at $0.62 for a 36% gain [in 45 trading days]. Thanks, Karim.”
– GreggD