Editor’s Note: When JC Parets makes an emergency prediction, I pay attention. His track record of calling every major market turn over the past 15 years – 2008, 2018, 2020 – before they happened speaks for itself. This isn’t another market guru making wild claims.
This is the analyst who warned us to ignore the crash narrative in May when everyone else was selling. Those who listened could have seen 14 winning opportunities since then.
Now he’s detected another government-mandated “Pivot Point” happening on October 9th, and he believes this one could be even bigger.
When someone with JC’s proven track record calls for 2,000%+ potential returns, our readers deserve to hear it directly. That’s why we’re organizing this emergency briefing.
Join us on October 8th at 2 pm ET — RSVP HERE
— Ryan Fitzwater, Publisher
My Profit Surge Trader room went quiet when I dropped a $1.80 call on AMSC yesterday.
Not because the trade was expensive. Because I called it using a pattern most traders have never heard of.
While everyone’s hunting bull flags and pennants, I’m watching for woodpeckers.
The Pattern Your Trading Books Forgot
Most traders know the classics. Bull flag: price spikes up, then moves sideways. Bull pennant: compression into a triangle.
The woodpecker? That’s different.
You get your spike high – the initial breakout. Then comes the pullback, just like any other pattern.
But here’s where it gets interesting: instead of random bounces, you see this series of higher lows.
Each time price falls from resistance, buyers step in sooner than before.
It’s like a woodpecker hammering the same spot on a tree trunk. The top keeps getting tested, but each pullback finds support higher than the previous one.
Creates this distinctive pattern: flat resistance on top, ascending support on the bottom.
Why This Pattern Actually Works
The psychology makes perfect sense.
That flat top represents overhead supply – sellers stepping in at the same level. Maybe they bought higher and want out at breakeven.
But those higher lows? That’s accumulation happening in real time. Fresh buyers entering at better prices with every test.
Eventually, the buying overwhelms the selling. When it breaks, there’s nothing but air above.
The AMSC Setup That Got Me Fired Up
Yesterday’s AMSC chart was textbook woodpecker around $62 resistance.
Four A+ squeezes stacked on multiple timeframes. Riding AMD’s OpenAI partnership wave. Just under all-time highs.
I grabbed those October 17th $65 calls at $1.80, going for a double to $3.60.
Because when woodpecker patterns break, they don’t creep higher. They gap through resistance and run.
How to Hunt Your Own Woodpeckers
Look for stocks that have spiked, pulled back, then spent time creating higher lows under the same resistance.
I want at least three tests of that top, with each pullback finding support higher than the previous one.
Bonus points if volume dries up on each test – sellers getting exhausted while buyers stay patient.
The key: only play this on strong stocks in uptrends with good fundamentals. Never try forcing woodpecker patterns on broken charts.
Why Most Traders Miss This
The woodpecker requires patience. Most traders see that first spike and either chase immediately or write it off after the pullback.
They don’t stick around for the boring base-building phase where real accumulation happens.
But that’s exactly when institutions are loading up. They’re buying the higher lows while retail waits for the obvious breakout.
Your Action Plan
Some of the best setups don’t have fancy names in trading textbooks. They’re just repetitive market behavior that creates predictable opportunities.
The woodpecker is one of those setups. Simple to spot, powerful when it works, rooted in basic supply and demand psychology.
Will AMSC work? Markets don’t care about my patterns or anyone else’s.
But when I see a woodpecker formation on a strong stock with stacked squeezes just under all-time highs? That’s when I get interested.
And there’s never a rush, gang. Never a rush.
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