If you aren’t careful this week you will get sucked in to trying to time the AI earnings frenzy or maybe even chasing the war driven oil rally. But if you are smart and want something with a little more predictability, there are other tickers that are setting up nicely without the big headline coverage.
Our pick this week is a stock that has been coiling up for a few weeks and has just pushed above a key mark on it’s RSI. But that isn’t what has me the most excited about this ticker. It has a clear sign on it’s MACD indicator that says it’s about to launch with ALOT of room to run. Let’s take a look at the ticker and the chart that lays it out:

You can see that MAR is showing the same pattern on the lower indicator that it displayed back in March just before it took off. It just started a Bullish Crossover that is confirmed by the RSI as we mentioned above and will be a lock if it crosses above the 50 day moving average. That move would make this a no brainer to pull the trigger on and gobble it up. The Sept 380 calls are about $11.50 right now. A bit rich but the set up is very promising.
Our last picks panned out nicely with HTZ offering a 30%+ window before turning back a bit and NUE continuing to climb. We will keep you posted on MAR this week as it continues its move.
Keep learning and trade wisely,
John Boyer
Editor
Market Wealth Daily

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