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Stacked EMAs and A+ Squeezes on RDDT

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Trade of the Day Wake-Up Watchlist

"RDDT's chart has multiple squeezes with earnings coming up – making it a prime trade candidate."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

I'm more of a short-term trader.

So I'm not always big on long-term predictions like "that stock is going to be big 12 months from now."

However, we're less than 1 week away from Donald Trump's inauguration.

And last time he was in office, I vividly remember that everything would go great and the markets would go up and traders would be high-fiving, and then you'd see Trump make a tweet about North Korea, and the markets would tank.

This time around – I think there's going to be a big conflict between what Trump wants, and what the Fed wants.

So I'm preparing for more consistent volatility in 2025.

One way I'm adjusting my trading is by using hedges.

Now, there are a few ways to hedge.

First, you could position size and trade smaller.

You can also buy puts and credit spreads. Or even use butterfly spreads which are very creative ways to trade.

But when it comes to finding potential winning buying opportunities, my trading system itself is still the same.

I'm still looking for trends, patterns and squeezes on charts using my S.A.M Scanner.

And one chart I really like right now is Reddit (RDDT).

 

Could This Pattern Signal Your Next Big Trade?

Over 30 stocks are forming the Triple Bull Sequence - the same pattern that's historically predicted gains up to 718%. Click for urgent details.

Action Plan: Reddit's current chart is enticing. It has multiple A+ squeezes on the daily and on the 195m and 130m charts, plus stacked EMAs.

It's also due to report earnings in a few weeks, so there's a catalyst there.

But like I mentioned earlier, I'm expecting volatility during Trump's next presidential term. So positon sizing will be key.

When it comes to trading earnings, I have a special system that involves playing "post-earnings surge" patterns for multiple buying opportunities.

Click here to learn more about my One Ticker Payout System.

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