-->

The setup I've been tracking for weeks just triggered

Post a Comment
Trade of the Day Wake-Up Watchlist

"That's not sellers taking control — that's buyers waiting for their price"

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

The SPY hit overbought levels yesterday and did exactly what it's supposed to do - pulled back.

I've been watching this pattern for weeks. Every time we get above 2 on my overbought indicator, the market doesn't just ignore it and keep rallying. It pulls back. Yesterday was no different.

But while the broader market is flashing warning signs at resistance, individual setups like AKAM are still delivering exactly what the charts promise.

Why yesterday's action matters

AKAM tested the $87.50 support level I've been marking for weeks — and held it perfectly while SPY was chopping around overhead resistance.

This is what clean technical trading looks like when you focus on individual names instead of getting caught up in index noise.

AKAM's been building this textbook flag pattern, pulling back on declining volume day after day. That's not sellers taking control — that's buyers waiting for their price.

When we tagged $87.50 yesterday and immediately bounced with momentum shifting positive, that was the market showing its hand. Support is real, and the next move is setting up.

 

The swing trade that's developing

SPONSORED

Something huge happened on June 30

Google just announced a partnership that could trigger an energy market shock, supercharge the AI revolution, and save homeowners tens of thousands of dollars.

According to one former Google insider, the technology at the center of this deal “could be even more important than the industrial revolution.”

Click here for the full story.

Here's what I'm seeing: Clean entry around $88-89, tight stop below yesterday's proven support at $87.50, and a clear target back toward $95+.

The structure gives us everything we need — a proven floor, controlled pullback, and 2-3 weeks for this to play out.

How I'm actually trading this

I'm using options to maximize the leverage on this setup. With three weeks of time value and AKAM's manageable volatility, the options structure gives me the exact risk-reward profile I want.

But I'm not sharing those specific strikes, expiration dates, or position sizing here.

That level of detail is what subscribers get in Daily Profits Live — real-time alerts with exact entries, exits, and option strategies as these setups develop.

Why this setup works

Three things aligned yesterday:

  • Support held exactly where it should
  • Volume patterns confirmed the pullback is over
  • Momentum shifted positive on multiple timeframes

When technical analysis works this cleanly, you pay attention.

Your Action Plan

If AKAM pushes through $90 and holds, we're off to the races. If it breaks below $87.50, the setup's dead and we move on.

Simple, clean, actionable.

Want the exact options play?

Join Daily Profits Live for real-time alerts with specific strikes, timing, and position management on setups like AKAM.

When the levels work this cleanly, you want the complete trade — not just the idea.

SPONSORED

Elon Musk: "Bitcoin is going to take over!"

Musk holding Bitcoin
 

Elon Musk just re-posted a tweet saying that "Bitcoin is going to take over."

It's not well known, but it is estimated that Tesla has made as much as $1 billion in profits from Bitcoin.

And a $1 trillion investment bank has predicted $500,000 Bitcoin in the next few years.

That's about a 5X gain from here.

And thanks to a new way to trade Bitcoin - which we call the "Bitcoin Backdoor" - you could TRIPLE Bitcoin's gains...

Without touching a single Bitcoin.

This short video reveals the full story...

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter