Hello, and welcome! This is Barrie Einarson from Trade Ideas, and today I’m here to walk you through our session on “What Makes This Trade Great.”

Now, don’t get me wrong, there were numerous trades that we could dub as great today, considering the adventurous day we had in the market. However, one of them outshone the rest, managing to climb at an impressive rate. This is thanks to our AI which pinpointed the opportunity with a well-timed alert.

$COMP – What Makes This Trade Great!!
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Unpacking the Star Trade of the Day

Alright, let’s dissect this amazing opportunity identified by our AI, the absolute star in today’s stellar trade lineup.

The AI shot an alert at 306, and lo and behold, the stock surged to 353 in no time. At the moment, it’s flaunting an impressive upswing of 13.5%. But let us not forget mention several other fruitful trades delivered by our AI that registered substantial highs, with some posting growth rates of 8 and 9 percent.

However, allow me to delve a bit deeper and show how the day unfolded.

A Look into the Trading Charts

Did you ever try to tweak something, fully aware it might freeze your screen? Yeah, that’s just me trying to adjust these charts.

But bear with me; here we are.

Yesterday, we noticed some unusual options activity and four alerts were fired for the ten-day daily breaks. However, they all hit resistance lines at once. We had the alerts, but we were obliged to wait for a favorable time to dive in – a time when the red line on the chart was breached. Alas, the break never materialized.

Let us skip to the present day – a stark contrast to yesterday, filled with promising moves and returns.

Identifying Opportune Entries into Trades: The Case of SCS and POL

One trade that kept me hooked throughout the day was the Steel Case (SCS) at 1330. Sure, I was a little late on the mark, joining only slightly after 1330. But as luck would have it, the delay didn’t stop me from enjoying a picture-perfect move from this stock.

Just look at how its price ascended from 1333 all the way to 1436, in an organised and orderly fashion. There were hardly any volatile swings that can often send a trader’s heart racing.

Moving over to POL, which unleashed a wave of exhilaration rather late in the day, our alert was pegged at 411.

The rise of POL from 411 to 941 was indeed a sight to behold. It surged swiftly and steadily, with just minor pullbacks before it took off yet again.

Honestly speaking, this scan made my day. A quote, often attributed to Confucius, says,

“Find a job you love, and you’ll never have to work a day in your life”.

I’m sure every individual who loves trading can connect with this feeling. And if such gems of scans excite you as much and you wish to have this scan, come over to our trading room. I’d be glad to share it with you.

With that, it’s time for me to dive back into the trading room to identify more stars. Here’s wishing you all a splendid evening, and we’ll catch up tomorrow with more insights from the world of trading. Goodbye for now!