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♟ My Latest Chart Setup Has Some Battery Life

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"This chart has a strong base with potential room to move higher."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

I got in on the SPX upward move last week in Daily Profits Live.

But now the markets are pulling back... which is healthy.

And right now, I'm looking to trade this strong chart setup that hasn't been bothered much by this latest index dip.

Click the image below to see how I'm trading it.

Here's A Charged-Up Chart Setup
 

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YOUR ACTION PLAN

Rivian Automotive (Nasdaq: RIVN) is a name that is not highly sensitive to the indexes. It's put in a great base and has a very nice daily squeeze setup. It also has high short float. I'm looking to buy the July 21 $15 calls when the price of RIVN is between $14.60 and $15.20.

Rivian Automotive

(Click to enlarge)

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TESTIMONIAL TUESDAY

"Just closed my last AI DPL trade--in $1.15--out $2.50-----115.57% gain [in six trading days] thank u Nate."
- Sneha

"I closed the 1 shares/contracts I opened [on ULTA] at $5.00 for $6.10. BTO yesterday at $5.00 STC at $6.10 today. Good for 22% gain overnight! Thank you Bryan B!!!"
- BoomerMC

 

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