With earnings season in full swing, I have one stock on my watchlist that I’m looking to trade heading into next week.

The company is Automatic Data Processing (ADP).

ADP is an American Provider of human resources management and software services.

Right now it has several stacked squeezes according to my S.A.M. Scanner, including an A+ squeeze on its 130-minute chart.

Plus, it has earnings coming up next Wednesday, Oct. 30.

The idea of this trade is to try and run higher into (but not through) earnings.

Action Plan: As you’ll see in the chart above, ADP has a beautiful flag with multiple stacked up squeezes. Playing the 130-minute chart, I’d like to build this up into a 3-to-5 lotto position.

And while I expect markets to be volatile as we head into the election, I’m bullish going forward because of the following stat…

Over the last 20 years, the S&P 500 has closed November higher than it opened 73% of the time. So I’ll be looking to trade momentum stocks as we head into a potentially lucrative month.

If you want to get all these stock alerts for November and onward, I recommend checking out Profit Surge Trader. Every month I trade ONE TICKER over and over again for maximum potential gains. So far I have a 78% win rate with this strategy on 106 trades closed in 2024.

Click here to get my next ONE TICKER monthly pick on Monday, Oct. 28.