Why I’m Switching to Bearish Setups
I have something important to share with you in today’s video.
There’s a key technical shift happening in the markets right now, and I’ll show you why I’m looking for bearish setups.
I’ll also reveal a trade I’m making on an EV group with the exact bearish pattern I’m looking for.
Click the image below to get the full trade.
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YOUR ACTION PLAN
As you’ll see in the chart below, Tesla (TSLA) has a pronounced bear flag and I’m looking to short it on a bounce up to and around $172. I’m looking for entry on the $160 puts that expire the week of earnings. Tesla reports on April 23.
If you want more setups like these, I recommend joining me in Daily Profits Live. I recently announced a 100-day AI trading sprint plan that I’m starting on April 23. During this sprint, I expect to generate at least one triple-digit gain every week… for an entire 100 days.
Click here to see how you could score gains as high as 203% in 2.5 hours during this event.
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
“Averaged down original BURL 4/12 trade to $1.30. STC on this run up at $1.60… 20+% (in 1 trading day). Thanks Nate B.”
– Kevin K.
“Closed (FLR puts) at $0.63, 50% gain (in 43 trading days). Thanks Karim!”
– Bob B2
“In (NUGT) 2.18 and out 2.85 = 30% gain (in 2 trading days). TY BB for a winner.”
– Lance
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