Two Different Methods, Same Bullish Scream

Trade of the Day Wake-Up Watchlist

"When two completely different technical approaches point to the same setup, that's not a coincidence."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

I don't often agree with other traders on specific setups.

We all have our own methods, our own indicators, our own way of reading the charts.

But when Jon Najarian and I both land on the same bullish play? That's when you know something big might be brewing.

And right now, we're both eyeing Zoom Communications (ZM).

Why This Caught My Eye

Look, if you traded during COVID, you remember what Zoom could do. While most of the market was melting down, ZM was ripping higher.

It was one of those once-in-a-lifetime situations where the world literally couldn't function without this company's product.

Now, I'm not saying we're heading back to lockdowns. But I am saying this weekly chart is setting up beautifully, and my TPS method is lighting up like a Christmas tree.

The Technical Setup That Has Me Excited

Here's what I'm seeing on the weekly timeframe:

  • Trend: Stacked EMAs (8, 21, 55) in bullish formation ✓
  • Pattern: Massive flag breaking out of a multi-month base ✓
  • Squeeze: Red dots firing – momentum building ✓

But here's where it gets juicy…this thing has high short float.

And you know how much I love high short float names when they're breaking out to new highs. That's my sweet spot right there.

The Big Picture Play

Zoom's coming out of this huge base around the $60-70 range.

Could it get back to $400-500 like the COVID days? Probably not.

But a 50% move to $150? With this technical setup and the short squeeze potential? Absolutely possible.

The beauty is I'm not betting the farm on April calls and hoping for the best. I'm using TPS on the smaller timeframes – 60-minute, daily, 130-minute charts – to find the perfect entries within this bigger bullish story.

 

Why Najarian's Agreement Matters

SPONSORED

A century's worth of returns... in less than a month? CNBC/Fox Business Contributor says "YES!"

Awaken - Unusual Options Activity
 

The average investor is lucky to make 10% in a year. But famed trading pioneer Jon Najarian says thanks to a recent breakthrough...

Everyday Americans can use his newest project that leverages the power of AI to help determine entries and exits BEFORE 1,000%+ stock moves within weeks.

Click here to see the breakthrough.

Jon's monster AI system just triggered a bullish signal on ZM too.

Different methodology, same conclusion. When a legendary options trader who sold his last system for a billion dollars is seeing what I'm seeing... well, that's the kind of confluence that makes me pay extra attention.

Your Action Plan

I'm not going all-in on one massive position. Instead, I'm watching for my TPS setups to appear on the shorter timeframes within this bigger bullish structure.

Every time I get trend + pattern + squeeze lining up, I'm taking a shot with appropriately sized positions.

The weekly setup gives me conviction in the bigger picture. The daily and intraday setups provide precise timing.

When two completely different technical approaches point to the same setup, that's not a coincidence. That's the market telling us something important is about to happen.

Keep this one on your radar. The squeeze is building, the pattern is there, and sometimes the market gives you a second chance at greatness.

And if you want to see how Jon finds these plays using AI, then make sure to join him with Bryan Bottarelli this Wednesday at 2 p.m. ET.

Reserve your free spot here.

SPONSORED

Wall Street's Hidden Pattern

The same pattern that created wealth in feudal Japan is still working today. See how it's predicted moves like 210% in 2 days, 390% in 9 weeks, and 718% in 5 months. Full details here.

Subscribe to receive free email updates:

0 Response to "Two Different Methods, Same Bullish Scream"

Post a Comment