♟ CVNA’s 4 A+ Squeeze Setup Signals Potential Breakout

RJ Hamster

6 months ago

“With four A+ squeezes and consolidation under $200, CVNA could be your ticket to substantial gains in this volatile market.”

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

The market has shown some volatility lately, but I see this as a buy-the-dip opportunity.

As we enter earnings season and approach the upcoming election, caution is warranted. However, our overall theme remains: buy the dip.

Now, let’s talk about what I’m watching:

S&P 500 (SPY): Despite recent volatility, I believe we’re still in a buy-the-dip market.
NASDAQ (QQQ): Still below all-time highs, indicating some caution is necessary.

In this environment, what am I doing?

I’m using our AI tool, S.A.M., to scan for the strongest stocks with the best setups.

And I’ve found a gem: Carvana (CVNA).

(Click to enlarge)

An impressive FOUR A+ squeezes across different timeframes (78-minute down to 10-minute)
A beautiful consolidation pattern underneath the $200 price point
High short float, adding potential for a squeeze
A perfect entry point based on volume profile

For my full take, click the image below and watch my video.

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YOUR ACTION PLAN

I’m looking to get long CVNA between $190 and $192.

My target is the psychological level of $200.

For the options play, I’m eyeing the October 25th $195 calls.

Why these calls?

They offer a good balance of risk and reward, with a week of time to allow the setup to play out.

Set an alert for CVNA between $190 and $192.

If triggered, consider entering a position in the October 25th $195 calls. Target profits at $200.

Remember, in this volatile market, it pays to be prepared and patient.

That’s why I’ve already set my alerts. When that alert hits, I know exactly what to do. I’ve done my homework, and I’m ready to act.

But how do I spot these setups so quickly? The secret is in the power of AI.

Want to see how we spot setups like this in real-time? Join me for the first-ever AI Power Blitz!

I’m thrilled to invite you to a special event on Thursday, October 17th @ 2PM EST.

During this live session, I’ll be using my AI-powered scanner, S.A.M., to hunt down explosive trade setups within just a two-hour window!

Over the past year, I’ve scored massive wins of 100%, 287%, and even 1,129% within DAYS during my trading blitzes. Now, you have the opportunity to:

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This event is completely FREE and will be streamed LIVE inside the Monument Traders LIVE chat room.

Don’t miss out on this chance to supercharge your trading strategy with AI.

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