"NEE has a bull flag and several stacked squeezes, it just needs a momentum shift." Nate Bear, Lead Technical Tactician, Monument Traders Alliance Editor's Note: Today's the day. At 2 p.m. ET, our Lead Technical Tactician Nate Bear will be revealing his "lotto" trade strategy during his "10x Lotto Trade Summit." The best part is... you only need $2 to make these trades. Yet the gains could be massive. Nate already closed one lotto winner this week (a 60% gain on ADI in 1 trading day). But these lotto trades also target gains as high as 1,127% overnight. Sign up today and start using this powerful strategy for your own trading. Click here to sign up now. - Ryan Fitzwater, Publisher Hey gang. After last Friday's "Papa Dow" dovish surge, I believe we're entering another buy zone. I could be wrong, but I think Nvidia (NVDA) reporting earnings today after the close will create another fresh slate of trade opportunities. With NVDA being the tech giant that it is, there's potential for other tech groups to move on its earnings. So I'm already looking at several tech groups for potential trades depending on the NVDA reaction. I mentioned Broadcom (AVGO) as one watchlist play on Monday. But in the meantime, there's one chart I've been following all week that I absolutely love. That chart is NextEra Energy (NEE). As you'll see in the chart above, NEE is setting up with a nice bull flag. It also has stacked squeezes. However, it's 78-min shift is still forming, and I'll be waiting for a shift before making a move. In terms of my trade approach, I'll be watching for the 9/5 $75 calls if that momentum shift happens. |
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