The markets have been in rest mode this week as Nvidia’s earnings day approaches.

Since the AI giant could swing the markets depending on its results, I don’t want to get too aggressive with my trading.

Right now, I have a setup on a recent earnings winner. It has a bull flag, a squeeze, and now all I’m looking for is a shift in momentum.

In today’s video, I tell you exactly what I plan to do if I get that shift. Click the image below to get my latest trade.

YOUR ACTION PLAN

Carvana (CVNA) is an earnings winner with a very bullish chart and setting up with a 195min squeeze. Using the 6/21 $115 calls, I’m looking for entry near $115, stop on close under $110.

(Click to enlarge)

If you want more trade ideas like these, I recommend checking out Daily Profits Live. Last week I closed three winners, including a 78.57% gain on RILY in 4 days.

Click here to join Daily Profits Live and get all my trades in real time today.

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.

TESTIMONIAL TUESDAY

“All in (WMT) @ 2.19 out @ 4.00.. nice 84% (overnight gain) TY @Bryan.”
– a747guy

“MNDY 5/17 230c in at .71, out at 1.30 +83% gain (in 1 trading day). Thanks Nate!”
– JerryT

“Out (of WOLF put sell) at 1.55, in at 2.00, +22% (in 90 days); thanks Karim!”
– Robert D5