Editor’s note: The Fed’s about to turn the market into chaos.
Most traders will panic.
But Bryan’s figured out how to flip volatile days into overnight gains.
88%… 109%… even 157% winners while you sleep.
He’s revealing his playbook on Wednesday, September 24th at 2 PM ET.
Free.
Don’t miss it.
– Ryan Fitzwater, Publisher
I’ve got to talk about FSLR here because this thing has been driving me absolutely nuts in the best possible way.
Look, I don’t know about you guys, but I’m having a hard time taking much more than base hits because I’m almost scared of the SPY right now.
You know what I mean?
It keeps hitting these insane levels, and I keep thinking, “When does this thing finally pull back?”
But FSLR? Man, this chart just keeps looking better and better.
So check this out – we had an inside day this week. Now I know what you’re thinking: “Nate, that sounds boring as heck.”
But here’s the thing, gang – when you’ve got a stock with an $8 ATR that decides just to hang out and marinate, that’s when you start paying attention.
The daily squeeze appears to be ready to fire.
I mean, this thing is just sitting there building up pressure like a coiled spring.
Why This Isn’t Your Typical Chase Play
Look, half the market’s going parabolic right now. Oklo just broke $100, RGTI hit over $24, and it’s getting a little absurd out there.
Fun while it lasts, but it’s not exactly a healthy habit.
FSLR isn’t asking me to chase some vertical move that started three days ago. This thing has been patient. It’s been methodical. We bounced right off the point of control around $200 – that’s not some random level I drew on my chart, that’s where the real volume lives.
The 15-minute, 10-minute, and 5-minute timeframes are all stacking up with squeezes.
Gang, when I see that kind of alignment, it’s like… okay, something’s about to happen here.
My Position and the Plan
I bought calls that expire next week. Yeah, I know – probably should have gone further out, but sometimes you just got to take a shot, right?
However, if you’re looking at this, October calls might be the smarter play. Gives you more runway if this takes its sweet time.
If this pulls back toward $200-$ 203, I’ll add. Simple as that. If it gaps up and runs without me, well… that’s trading, right? Can’t catch them all.
Your Action Plan
But man, this chart just looks like it wants to go higher. The technicals are lining up, the squeezes are building, and it’s not extended like everything else in this crazy market.
Sometimes the best trades are the ones that make you wait. This one’s been making me wait, but it’s also been building the kind of setup that can really pay off when it finally decides to move.
The chart looks fantastic.
It’s got room to run. And most importantly, it’s not asking me to be a hero and chase some parabolic nonsense.
This one’s definitely on my radar, and it should be on yours too.
If you want to follow along with me on these trades, make sure to join me in Daily Profits Live.