{"id":16518,"date":"2024-09-10T17:00:21","date_gmt":"2024-09-10T21:00:21","guid":{"rendered":"https:\/\/mtatradeoftheday.com\/?p=16518"},"modified":"2024-09-10T13:45:45","modified_gmt":"2024-09-10T17:45:45","slug":"stock-shows-a-bull-flag-on-a-spy-bounce-back","status":"publish","type":"post","link":"https:\/\/mtatradeoftheday.com\/stock-shows-a-bull-flag-on-a-spy-bounce-back\/","title":{"rendered":"A Bull Flag Setup with Upcoming Earnings"},"content":{"rendered":"
Last week the major indexes took a hit.<\/p>\n
However, we’re seeing a healthy bounce so far this week, and I believe the SPY could move to around 550-551 if it pushes past resistance.<\/p>\n
As far as trade setups go, I’ve got a chart with a bull flag pattern that I’m looking to get positioned on.<\/p>\n
Click the image below to get that trade.<\/p>\n
<\/a><\/p>\n <\/p>\n Costco (COST) has a great looking 195 minute TPS setup. As you’ll see in the chart below, it has a bull flag with a clear trend and a squeeze. It also has earnings coming up on Sept. 26. I’ll be looking to get in on COST during the week of earnings with a target at a new all-time high around $921.<\/p>\n (Click to enlarge)<\/a><\/p>\n If you want more trade ideas like these, there’s still time to join me in Daily Profits Live as part of my Daily Profits Live Open House<\/a>.<\/p>\n The event is compeltely free, and it’s your chance to trade alongside me all week long.<\/p>\n Yesterday I closed two winning trades, a 38.46% winner on CAVA and another 26.83% winner on CAVA (in one trading day).<\/p>\n Don’t miss out on the next potential winner.<\/p>\n Click here to join me in The Daily Profits chat tomorrow for FREE.<\/a><\/p>\n TESTIMONIAL TUESDAY<\/strong><\/p>\n “Made 30% on CAVA also (IN 1 TRADING DAY). Thanks Nate!” “STC ORCL strangle @$13.22 good for 34% overnight gain!!! Thank you Bryan B!!!” “A cool 15% WINNER in 1 trading day. In 2.65 (DKNG) out 3.05. Thank you Bryan. A great way to start the day.” The SPY is bouncing back, and here\u2019s a stock I\u2019m targeting for new highs <\/p>\n","protected":false},"author":16393,"featured_media":16519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1038],"tags":[],"mobile_app_tag":[1649],"class_list":["post-16518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-of-the-day","mobile_app_tag-active-trading"],"acf":[],"yoast_head":"\nYOUR ACTION PLAN<\/strong><\/h2>\n
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\n– 123Michaelg<\/strong><\/p>\n
\n– BoomerMC<\/strong><\/p>\n
\n– Gunner<\/strong><\/p>\n
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