🕵️ 6 Charts That Are Too Good To Ignore 👀

Good morning, traders…

There’s something incredibly satisfying about spotting a setup before the rest of the market catches on.

I’m not talking about huge multi-week runners that have already made their moves, but rather charts that are bubbling up, building tension, ready to explode.

It’s tempting to chase the names already making headlines, especially after SPY booked a 10-day win streak.

But your true edge comes from watching the charts most traders aren’t talking about … yet. The quiet compressions, the subtle volume shifts, the steady base formations.

This week, six names (and a few bonus ideas) check all my boxes. Whether it’s a tight multi-month range, a post-earnings setup, or a sector quietly heating up…

These setups can deliver massive gains to disciplined traders who respect the levels, stick to their rules, and follow the process.

With that in mind, let me show you six charts that are too good to ignore…

eBay Inc.

Let’s start with eBay Inc. (NASDAQ: EBAY).

EBAY chart: Year-to-date, daily candles — courtesy of TC2000

This one has been compressing beautifully, not just on the daily chart, but also on the weekly and even the three-day chart.

That tells me we’re looking at a strong, multi-timeframe setup. It’s been basing quietly since the start of the year, so we’re not chasing all-time highs here, which is a plus.

The stock has been in a long sideways range, and if it can push over the recent highs post-earnings, there’s a real shot at a breakout.

For options, we’re looking at June calls in the $75-$80 range. There’s been massive open interest stacking up on the July $77.50 calls, a big clue that the market is watching this level closely.

I like the idea of using those further-out expiries to give the trade some room, especially if the breakout unfolds over the next few weeks.

Palantir Technologies Inc.

Next up is Palantir Technologies Inc. (NYSE: PLTR), which just handily beat its earnings estimates…

PLTR chart: Year-to-date, daily candles — courtesy of TC2000

After its post-earnings pop, Palantir pulled back a bit, but that’s not a bad thing.

The idea here is to let the stock settle, hold its key levels, and form a base.

If that happens over the next few days, it could set up beautifully for a lift-off (this week or next).

I’d zero in on the $112–130 range (using June calls) as a target zone.

Lucid Group Inc.

For my fellow fans of the cheaper stocks, Lucid Group Inc. (NASDAQ: LCID) is one I can’t ignore…

LCID chart: Year-to-date, daily candles — courtesy of TC2000

This EV name has been bouncing around in a tight range, holding support around $2.30, with resistance up near $4.45.

It’s been chewing through this compression since early April, and the battle at the point of control ($2.51) is setting up a clear trigger.

If Lucid can push through that resistance, it’s got the potential to snap higher. And with a solid floor around $2, the risk-reward is pretty compelling.

This one’s mostly appealing as a stock play because of the price point and the tight range. After all, buying shares at $2.51 is cheaper than many options contracts.

And if EV names heat up again, Lucid could surprise to the upside.

QuantumScape Corp.

Another name that deserves attention is QuantumScape Corp. (NYSE: QS).

QS chart: Year-to-date, daily candles — courtesy of TC2000

This EV battery play has a classic downward trendline that’s been trying to break for a while.

The stock is priced around $3.87 with a floor at $3.45 — so you’re looking at a 30-40 cent risk for the chance to catch a move back toward $7 if the sector heats up.

I wouldn’t size too large on this one. But for traders who like taking small, calculated shots … QS deserves a spot on your watchlist.

Home Depot Inc.

I’m also eyeing Home Depot Inc. (NYSE: HD), which has been in a rare 20-day compression…

HD chart: Year-to-date, daily candles — courtesy of TC2000

You don’t often see a big name like this go quiet for that long, and that’s worth noting.

If it can clear $364.50, we could see a run-up into earnings.

This one has solid potential, especially if you’re looking at the June or July expirations to give yourself time.

Chinese Tech Stocks (BIDU, KWEB)

Lastly, there’s the China angle, with names like Baidu Inc. (NASDAQ: BIDU) and the KraneShares CSI China Internet ETF (NYSEARCA: KWEB) coming into focus…

KWEB chart: Year-to-date, daily candles — courtesy of TC2000

Both are sitting in tight ranges on the monthly chart, with higher lows building up. If the tariff risks fade, these stocks could explode.

But be warned: this is a binary bet.

There are only two possible outcomes (with very little wiggle room):

If the trade deals don’t come through, these trades won’t work.
If there is some meaningful resolution on the tariffs, everyone will pile in at once.

That’s it for today, friends. Watch these charts closely.

Happy trading,

Ben Sturgill

P.S. If you want access to the system that achieved an 89% win-rate with a 72% average gain…*

From which the top 120 trades have ALL generated 100% or higher — with 27 soaring above 200%, and 12 exploding beyond 300%…*

Then NOW is the time to start using my OMEN System.

Join the great Aaron Hunziker, this SATURDAY, May 10 at 12:00 p.m. EST for a LIVE OMEN TRAINING SESSION.

Space is limited — Click here to reserve your seat.

*Past performance does not indicate future results

Share the Post:

💥 The Pros and Cons of Catalyst Trading 📅

Big market events can tempt any trader to swing for the fences — but that’s where most get burned. Ben lays out why patience after the catalyst can be far more profitable than guessing before it.

💰 The Biggest Earnings Moves of the Week 💸

This week’s earnings showed huge moves in tech and energy stocks. Ben breaks down the biggest surprises and reveals where he thinks the charts might be headed next.