Why I’m Bearish on Big Tech

Today I’m going over one of my favorite short charts.

It’s a major AI company with a 60-minute squeeze and a few other potential catalysts.

I also have a long trade setup for you and some thoughts on the prospect of a Santa Claus rally.

Click the image below to see this week’s trade setups.

2 Tech Setups + Santa Claus Rally Thoughts

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YOUR ACTION PLAN

Microsoft (Nasdaq: MSFT) has a beautiful weekly squeeze, a noticeable momentum shift and a perfect pattern. I’d like to buy the December 15 $350 calls on a dip toward $330.

Microsoft Chart(Click to enlarge)

If you’d like more trades like this one in real time, I recommend joining me in Daily Profits Live. Last week I closed a 60% winner on the iShares Russell 2000 ETF (IWM) in less than 24 hours.

Click here to follow my journey as I attempt to turn a $37,000 account into $1 million in verified trading profits.

P.S. I love answering your questions. It’s the best and most rewarding part of my gig. If you have a ticker or chart you want me to break down – or just a general trading question – please 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

“Glad NateB loved MSFT; $342.50 call; in at $1.31, out at $1.80 for 37.4% gain [in less than one trading day]. Tks 😊”
– Michele

“INTC BTO 17 Nov $33.5 calls at $1.23. Sold to close at $3.03 for a 144% gain [in two trading days]. Thanks War Room.”
– tlee9999