đź’¸ Earnings, Breakouts, and a 300% Move đź’°

Good morning, traders…

I just wrapped up three packed days in Las Vegas teaching at the 100K Virtual Aftershock Summit with Tim Sykes and many other fantastic traders. 

I had the chance to walk through options strategies, break down setups live, and answer questions from students in the room

If you were able to join for any of it, thanks for being there. I had a blast. 

Nothing energizes me more than getting to connect with students who are serious about getting better at trading.

Now, I’m leaving the dry heat of Nevada to head home to the humidity of Florida.

But it’s important to note that the market’s tone has shifted since Trump walked back the tariff talk in recent days. And we’re starting to see some constructive bullish price action across a variety of names.   

So, while I’m traveling, I want to recap several interesting trades from my recent live sessions — and walk you through the five intriguing setups that are worth your attention right now…

We Called It: Hasbro Beat Earnings

First, let’s talk about Mr. Anderson’s incredible Earnings Edge callout on Hasbro Inc. (NASDAQ: HAS):

HAS chart: 2 days, 5-minute candle — courtesy of TC2000

We talked about the call setup heading into earnings, and boy, did that one deliver. 

Wall Street said it was gonna miss. We saw otherwise. 

There was a really nice breakout above $57. Once that was cleared, it was off to the races.

Meanwhile, the May 16 (closest expiration) $60 calls were up 300% yesterday. 

This setup came from watching the price action closely, seeing where the volume was moving, and trusting the read. 

That’s why we watch Smart Money flow, track key levels, and stick with what works…

5 Smart Money Setups on My Radar

Wells Fargo

Wells Fargo (NYSE: WFC) stood out early. My OMEN Scanner lit up with massive size orders, mostly above the ask — rare and worth watching. 

That kind of flow typically isn’t noise, and the chart was looking great yesterday:

WFC chart: April 24, 5-minute candle — courtesy of TC2000

If WFC can break $70 and hold, it’s clear to $71. 

This is what we’re always looking for: A clean setup, big size behind it, and a chart that’s developing nicely.

Tesla

Tesla (NASDAQ: TSLA) was buzzing post-earnings with over 100,000 open interest in waves of $170 puts, but Tesla’s order flow can be tough to trust. 

Like NVIDIA (NASDAQ: NVDA), it’s often more confusing than useful. If you’re trying to read the tea leaves, you’ll end up chasing shadows. 

Stick with the chart. Let the price action lead.

SoFi

SoFi Technologies (NASDAQ: SOFI) is holding up well at a key level just above $12. 

Earnings are next Tuesday, and if we can get a little more movement before then, this could form into a solid earnings run-up. 

Nasdaq and Semis

The broader market flexed hard yesterday. The Nasdaq made a strong push toward the 90-day pause high, and SPY tested its own highs. 

They got a bit extended intraday, sure. But semiconductors led with conviction:

Lam Research (NASDAQ: LRCX), Texas Instruments (NASDAQ: TXN), Taiwan Semiconductor (NYSE: TSM), and Micron (NASDAQ: MU) all looked strong — this sector’s got momentum.

Uber

Uber Technologies (NYSE: UBER) was the clearest breakout of the day, gorgeous chart:

UBER chart: April 24, 5-minute candle — courtesy of TC2000

Meanwhile, $78 calls started showing up, momentum followed, and boom — Uber ripped right through its high of the day. 

This is exactly the type of action you want on your radar when conditions are right. 

Clean price action, clear breakout level, strong follow-through.

2 Recent Alerts (and a Few More Names)

  • Boston Scientific (NYSE: BSX) – Just had earnings, back near all-time highs, and holding strong. I’m in these calls:
  • Bitdeer Technologies Group (NASDAQ: BTDR) – Unusual bets through September on this leftfield name. I’m in these calls:
  • Zscaler (NASDAQ: ZS) & CrowdStrike (NASDAQ: CRWD) – Looked strong alongside each other. ZS in particular has potential if it can clear recent resistance.
  • Lululemon (NASDAQ: LULU) – Weekly calls came in, but the contracts didn’t hold up. Still, the daily chart has a decent gap if it can get going. A tariff recovery play. 

3 Market Internal Stats to Watch

  • Durable goods orders came in way hotter than expected — 9.2% vs 1.4%. A big move, mostly tied to transportation, but still something to be aware of.
  • Jobless claims were pretty uneventful. Up 2,000 from the last read, but nothing that should move the needle in a big way.
  • Existing home sales were also on the docket, but again — no fireworks there.

And one last update before I board this plane — our Dynamic Watchlist tool is launching next week. 

Final testing is happening this weekend. Next week, I’ll show you exactly how we’re using it. 

It’ll track every name I mention, every level I give you, and send alerts the moment a key level is broken. 

Until then…

Be good and be good to others,
Ben Sturgill

P.S. While millions of investors are getting wrecked by Trade War volatility…

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He’s using a brand-new trading indicator to crush 4 out of every 5 day trades…

The results in April alone:

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TODAY, April 25th at 2 p.m. EST, Tim is going live to reveal this indicator for the first time.

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*Past performance does not indicate future results

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