Editor’s Note:

Spot Hidden Bull Markets with JC Parets

📅 When: Wednesday, April 30th @ 2 PM EST 🎯 What: The Earth is Full of Bull Markets: Why Everybody is Wrong About Today’s Market Opportunities

Monument Traders Live! is excited to welcome JC Parets, aka “The Chart Whisperer”, as a special contributor to Monument Traders Alliance. A leader in technical analysis, JC’s no-nonsense, process-driven approach has helped thousands of investors identify hidden opportunities in the markets.

This LIVE event kicks off a new partnership between Monument Traders Alliance and TrendLabs, JC’s platform for teaching traders how to uncover profitable trends others miss.

Here’s what JC and Bryan Bottarelli will cover:

• Why “Don’t fight Papa Dow” is JC’s key mantra right now.
• How to spot critical support-resistance flips (polarity).
• The surprising leadership in European markets.
• Why Bitcoin could hit $150,000.
• A LIVE technical demo plus Q&A.

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See you Wednesday!

– Ryan Fitzwater, Publisher

Hey gang,

I’ve got a setup today that’s giving me those “this is going to move” vibes, and I’m excited to share it with you. The stock? TJX Companies (TJX)—the parent company of TJ Maxx, Marshalls, and HomeGoods. It’s trading just slightly off its 52-week high of $131.30, and it’s showing all the signs of a pre-earnings breakout.

We’re talking about a daily squeeze, stacked EMAs, and relative strength that’s outperforming the broader market. Plus, earnings are coming up at the end of May. All of this lines up for a potential big move higher.

Let’s dive in.

Daily Squeeze: Coiling Up for an Explosive Move

What’s a Squeeze?

A squeeze is when Bollinger Bands contract inside the Keltner Channels, signaling a drop in volatility. Think of it like a spring that’s been wound tight—it’s just waiting for the right moment to release.

For TJX, we’ve got daily, weekly, and smaller time-frame squeezes, which tells me the stock is building energy for a breakout. And with the stock holding near its highs, the odds favor a move to the upside. The longer the squeeze lasts, the bigger the potential move when it fires.

TJX is coiling up like a spring, and with earnings on the horizon, this could be the catalyst to send it ripping higher.

Stacked EMAs: A Bullish Signal Across Timeframes

What Are Stacked EMAs?

Stacked EMAs happen when shorter-term moving averages (like the 8-day and 21-day) align above the longer-term ones (like the 50-day and 200-day). This alignment shows buyers are in control, and the stock is trending higher across multiple timeframes.

For TJX, the weekly and daily charts both have stacked EMAs, which is a textbook sign of strong bullish momentum. When you see this setup, it’s a green light that the path of least resistance is to the upside.

Relative Strength: TJX Is Leading the Pack

Why Does Relative Strength Matter?

Relative strength measures how a stock performs compared to the broader market. When a stock outperforms—like TJX has—it’s a sign that institutions are stepping in and supporting the stock. And let me tell you, that’s exactly what you want to see heading into an earnings event.

While the S&P 500 and Nasdaq are both still in the red for the year,

TJX is trading in positive territory. This tells me the stock is showing resilience and attracting buyers even as the broader market struggles.

Why This Setup Looks So Good Right Now

TJX isn’t just a technical play—it’s backed by a killer business model. They buy overstock and discontinued merchandise at a discount, passing those savings on to customers. That’s why they’re able to stay competitive and attract shoppers even when the economy gets shaky.

And here’s the kicker: while other retailers are scaling back, TJX is planning to expand by 1,300+ stores over the next few years. That’s a bold move, and it shows confidence in their business model.

Your Action Plan

TJX is looking like a textbook pre-earnings momentum setup. The combination of strong technicals and a rock-solid business model makes it a standout stock to watch.

And if you’re looking for more setups focused on earnings season check out my Opening Bell Aftershocks Strategy.

It’s designed to target 100-300% gains within minutes after earnings announcements.

Click here to learn more about how to trade these explosive setups.