Editor’s Note: Forget Canelo vs. Crawford. The real main event is September 17: Trump vs. Powell.
The entire market’s positioned for a moonshot. Everyone thinks this rate cut is free money.
You know what that usually means.
While the crowd celebrates the “obvious” trade, Bryan and Karim will be watching for what they’re missing. Sometimes the most anticipated good news becomes the biggest sell-the-news event.
FOMC Watch Party Wednesday, September 17 | 1 PM ET
–Ryan Fitzwater, Publisher
When everyone’s running one direction, smart money runs the other way.
$61.80.
That’s the only number that matters on Advanced Auto Parts (AAP) right now. And we’re sitting right on top of it.
While everyone’s losing their minds over Broadcom hitting new records, I’m watching the most beautiful woodpecker pattern I’ve seen in months coil up in the most boring stock on the planet.
Advance Auto Parts. Auto parts retail. Sexy as watching paint dry.
But this pattern? This is my favorite setup in all of trading.
What the Heck Is a Woodpecker?
Picture this: Stock rips higher, pulls back, then starts pecking at the same resistance level over and over. Flat top. But underneath? Higher lows building like steps. Higher low, higher low, higher low.
It looks exactly like a woodpecker’s bill aimed at a tree.
When that beak finally breaks through? The bird doesn’t just fly – it soars.
AAP Is Locked and Loaded
Daily squeeze fired Friday. Higher lows building for days. And we’re hammering against $61.80 like a woodpecker going after its breakfast.
$61.80 is the line in the sand. Break it, and there’s nothing but air until $66.
Clear sailing. No resistance. Just room to run.
Why I’m Betting Against the Crowd
Everyone’s chasing AI to infinity while the rest of the market gets strip-mined. We’re feeding 495 companies to 5 giants, and traders are acting like that’s sustainable.
Auto parts retail? Nobody cares. Nobody’s watching. Nobody gives a damn about AAP.
That’s exactly when the best setups happen.
Your Action Plan
This woodpecker has been building for days. The squeeze momentum is there. The higher lows are perfect. The resistance level is crystal clear.
Now it’s showtime.
Break $61.80, and this thing rockets to $66 with nothing in its way. Fail here, and the woodpecker dies.
But when you get this pattern with this momentum in a name nobody’s watching?
That’s when you strike.
The woodpecker’s beak is aimed at $61.80. When it breaks through, don’t say I didn’t warn you.