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♟ A Beautiful Bull Flag on This Agriculture Stock

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"It wouldn't surprise me to see the SPX go sideways after the FOMC meeting."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

The SPX and QQQ have been choppy in September...

Which means I'm in "wait and see" mode right now.

However, there's one exchange-traded fund (ETF) that looks 100% bearish, and I'm looking to get short on it.

Plus, I've spotted a fresh trade setup on a new name with a beautiful bull flag.

Click the image below to get the details on my latest moves.

A Bullish Trend on an Agriculture Stock
 

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YOUR ACTION PLAN

Bunge (NYSE: BG) has a strong TPS setup here, and this name has been extremely stable throughout all the volatility in August and September. My current trade plan is as follows: Buy the October 20 $110 calls on a pullback to $112 or so (which is the stock's recent point of control), target a move up to at least $116 and stop out on a close under $110.

Bunge Chart

(Click to enlarge)

To know exactly when I'm getting in and out of trades like this one, I recommend you check out my latest service, Profit Surge Trader. When you join, you'll be able to follow along in real time as I trade just ONE TICKER over and over again for maximum potential gains.

Click here to start unlocking multiple trades on ONE TICKER each month.

P.S. I'd love to answer your questions on any chart setups you're interested in knowing more about. If you have a ticker you want me to cover with my TPS system, email me at feedback@monumenttradersalliance.com, and I'll let you know my thoughts on a few of them.

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TESTIMONIAL TUESDAY

"STO (FLR) Jan19 '24 $30 P at $0.97, BTC at $0.62 for a 36% gain [in 45 trading days]. Thanks, Karim."
- GreggD

"I closed the 2 shares/contracts [on AXP] I opened at $1.65 for $2.35. Winner!! Target price executed for a sweet overnight win of 42%... thanks Bryan."
- Fred_L

 

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