# What Did I Tell You? (And Another Breakout Opportunity)

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Hey, Ross here:

And let’s start Thursday with another fast and actionable trade idea.

## **Chart of the Day**

![](https://stocksurgedaily.com/wp-content/uploads/2023/06/Screenshot-2023-06-01-at-8.40.21-AM-1024x509.png)

InterDigital (IDCC) is another high-flier taking a pause to digest its recent surge.

Investors loved the most recent earnings report and drove the stock up 28% in a week. The run happened on good volume with nice follow-through, so I expect to see shares continue to drift higher.

Right now, IDCC has a support shelf near $82. I would be surprised to see it get much lower than that.

A trader could buy here with a 5% stop loss for a low-risk trade.

**P.S.** Would you like special trade prospects and potential market moves sent directly to your phone? Text the word **ross** to 74121.

## ****Insight of the Day****

******I told you so.******

Markets closed down yesterday on worries surrounding whether the debt ceiling deal would get through Congress.

At midnight yesterday, news broke that Congress had _overwhelmingly_ passed the deal, with massive bipartisan support – the kind you just don’t see in modern politics anymore.

Next stop is the Senate…

And even though the media might try to hype it up as some big challenge – like they did with whether it would get through Congress…

It’s all just a sham.

The deal will no doubt pass – most likely on Friday – so the Senators can all go home for the weekend.

Anyway, the good news is that because markets closed lower yesterday – and the deal only happened after…

We might be looking at a very strong day in the markets today…

Which could trigger many of my favorite “FIRE Patterns” to take off.

This is a very specific chart pattern that could have handed you gains like **61%, 97% and 142%** in this very market…

And I’m going **LIVE later at 12 p.m. Eastern today** to show you how to start using it for yourself.

If making those kinds of gains is something you’d like, then make sure you **[click here to save your seat…](https://joinnow.live/s/aFiVKA)**

And I’ll see you very soon.

Embrace the surge,

![](https://lh3.googleusercontent.com/u1bkP1uK4S8G0S3HvULgVlf5Oo5Wbrv55mAknbfc5OR6vNHNjP1qlrqX2FKnCLs8y4Q5nWZ9PwfIVqxhz-34fL32yao8wdaoiXCbJJ58EmJQpGN3E4bEH0IN7idHTcKiHWk13J9JVX_wS94ti3GRsm8IvwDHfDXbLDoq3cBuIPLlVZxmB1XRqeqcQ7ou_w)

Ross Givens  
Editor, **_Stock Surge Daily_**