Hello everyone! Barrie Einarson here, from Trade Ideas, and welcome to this edition of “What Makes This Trade Great”. Today we are discussing a trade that was more of a pleasant gift from our AI this Christmas. To Subscribe: https://go.trade-ideas.com/SHQ
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Understanding AI in Stock Trading

In the world of stock trading, AI has been making a significant impact, allowing traders to utilise complex algorithms to identify lucrative trades. In the past, traders were responsible for sifting through countless potentially profitable opportunities manually, but AI has transformed this tedious process by providing high-performing trade picks with a click of a button. As evidenced by our fascinating encounter today, AI can identify significant trades such as the NXTP trade.

However, as interesting as AI can be, sometimes a torrent of alerts can seem overwhelming. The last two or three days brought forth several alerts, yet it was today that it hit the sweet spot, bringing only two alerts – one very significant and the other not so much.

On a more positive note, I would like to highlight the impressive trade that our AI pointed out. Let’s take a closer look at what went down with the second alert, the NXTP trade.

Profiting From The NXTP Trade

The day started with an alert on NXTP at $1.75 around 9:40. Now, this wasn’t some regular starter of an hour with a static 15-minute candle – this was a potentially profitable day kick-starter.

As you study our AI’s pointer, you’ll notice something astonishing. After a little pause, the stock price rose from $1.75 all the way up to $3.62 without any significant pullbacks. And that’s not the end of the story.

At the moment, the stock is up 53 %. However, when it was closer to its peak at $3.60, the percentage increase was a lot higher. It not only showed an impressive rise but also demonstrated a fairly controlled and strategic movement.

But what if you missed the $1.75 mark? The AI would’ve still given you a chance to verify your opportunity. As the red candle rested at $2.31, you could’ve plunged and still enjoyed a nice, profitable move up to $3.60.

Celebrating the Holiday Season with AI

This incredible run from $1.75 to $3.62 by NXTP was not just a great trade move but a lovely Christmas present from our AI. It truly showcased how artificial intelligence can identify profitable trade picks and make your trading journey a lot more profitable and exciting.

As we look forward to the markets resuming on Tuesday morning at 9:00 Eastern, I can’t wait to see what other exciting trades our AI picks for us.

“The fascinating encounter of AI in stock trading is that it can turn a regular trading day into a thrilling treasure hunt.” – Barrie Einarson

I encourage everyone to enjoy the holidays and a very Merry Christmas to all celebrating it. Happy trading and see you on Tuesday! Until then, goodbye and take care.