"If a stock in a specific sector is moving up, it often means more stocks in that sector could be primed for a move." Nate Bear, Lead Technical Tactician, Monument Traders Alliance Editor's Note: It's almost here. On Wednesday, July 23rd at 2 p.m. ET, our Lead Technical Tactician Nate Bear will be revealing his entire "Sector Strike" trading system This strategy alone has resulted in Nate beating the S&P 500 by 22x! You'll also see how you can take advantage of trillions of dollars moving out of old sectors and into underperforming ones. Click here to learn how you could profit off this epic "Sector Rotation." - Ryan Fitzwater, Publisher Hey gang. I have a confession to make. I'm a self-admitted "trading addict." I don't say this to brag. If anything – I might have a bit of problem. But one of the reasons for my trading addiction is simple. When my TPS system shows plenty of strong setups – I like to take what the market is giving me. And July has been one of those months. So far, I've closed 38 of 49 trades for winners (78% win rate). One sector I've been looking at is quantum computing. Take quantum stock Rigetti Computing Inc. (RGTI) for example. Last week, I noticed its chart had multiple squeezes and a high short float, so I got positioned. Then RGTI moved up 10% in Wednesday's premarket after unveiling a new 2-qubit multi-chip system. After seeing that news, I thought "there might be some other quantum computing stocks worth looking at." So I went to my S.A.M. scanner, and lo and behold, Quantum Computing Inc. (QUBT) had a beautiful chart on Friday. As you'll see above, QUBT's daily chart on Friday was all set up. There was a clear trend and multiple A+ squeezes according to S.A.M. |
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