3 Stocks At All-Time Highs Just Got Downgraded

Trade of the Day Wake-Up Watchlist

"You don't downgrade a chart that looks like this. Not unless you want your clients getting in cheap before it runs."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

Hey gang, Nate here.

Three stocks caught my eye this week. All three are sitting right at all-time highs. They have the exact bullish setup I look for.

And believe it or not, all three of them got downgraded the same day.

Give me a break.

You don't downgrade a chart that looks like this.

Not unless you want your clients getting in cheap before it runs. That's my tinfoil hat talking, but I've seen this movie before.

Here's what it means for you.

Those downgrades knocked these names down today, so you can get a better entry than you'd have gotten yesterday. On three charts that are gorgeous. Right into earnings season.

I've got the names, the setups, and exactly how I'm playing each one — calls, strikes, and timing — ready for you.

Get all three trade ideas here.

Talk soon,

Nate

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