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.
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