| The Daily Squeeze: A Spring-Loaded Setup What's a squeeze? Think of it like a spring winding tighter and tighter. When Bollinger Bands squeeze inside the Keltner Channels, volatility drops, and the stock starts consolidating. This coiling process builds up energy-like a spring loaded to pop. And when that squeeze fires? Boom-you get a big move. For Verizon, we've got a daily squeeze in play, and the stock is holding up near its highs. This is the kind of setup I love to see-a stock that's resting, gathering energy, and gearing up for its next leg higher. Add in the strong fundamentals and earnings momentum, and I think this squeeze is building up for a breakout. Stacked EMAs: Buyers Are in Control What do I mean by stacked EMAs? Simply put, it's when the shorter-term moving averages (like the 8-day and 21-day) line up above the longer-term ones (like the 50-day and 200-day). This alignment tells me two things: - The trend is bullish.
- Buyers are in control.
When you see stacked EMAs, it's a clear signal that the stock is trending higher across multiple timeframes. And here's the kicker-Verizon's stacked EMAs are showing up on both the daily and weekly charts, which gives me even more confidence in the strength of this trend. Relative Strength: Outperforming the Market Why does relative strength matter? Because it shows where the big money is flowing. When a stock is outperforming the broader market-like Verizon, which is up nearly 10% YTD-it's a sign that institutions are stepping in and buying. While the S&P 500 and Nasdaq have been choppy, Verizon has been a standout. The relative strength line is rising, confirming that VZ is beating the broader market. This is exactly what I want to see-it's how you know you're riding the winners instead of wasting time on the laggards. Earnings Winner: Momentum Backed by Results Verizon isn't just a technical setup-it's got strong fundamentals backing it up. The recent earnings report was solid: - EPS Beat: $1.19 per share, beating estimates by $0.04.
- Revenue Beat: $33.5 billion, beating by $220 million.
This kind of earnings momentum often leads to follow-through in the stock price. Combine that with the daily squeeze, stacked EMAs, and relative strength, and it's no surprise VZ is set up for a run at its 52-week highs of $47.35-and potentially beyond. Your Action Plan Here's why I'm pumped about Verizon: - The daily squeeze is building energy for a breakout.
- Stacked EMAs confirm a strong, bullish trend.
- Relative strength shows that it's outperforming the broader market.
- It's a recent earnings winner, with strong fundamentals supporting the move.
This is a clean, high-probability setup-exactly the kind of play I like to focus on when the market's still volatile. Now, If you're looking for more setups like this, don't miss my LIVE session today, May 7th, at 2 PM EST, where I'll be joined by special guest JC Parets. Together we'll walk you through the tools you need to dominate in this volatile market, including: - How to use RSI to spot real momentum and avoid fakeouts.
- Mastering moving averages to stay on the right side of the trend.
- Using Fibonacci zones to nail breakout targets.
🗓️ When: (Today) Wednesday, May 7th @ 2 PM EST 📍 Where: Monument Traders LIVE chat room 🔗 RSVP HERE Stay nimble, stay focused - and I'll see you this afternoon! | 
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