RJ Hamster
The setup I’ve been tracking for weeks just triggered
 “That’s not sellers taking control — that’s buyers waiting for their price”Nate Bear, Lead Technical Tactician, Monument Traders Alliance  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 mattersAKAM 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. Monument Traders Alliance, LLC You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist.To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2025 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.REF: 000142349377 |
