Uncovering Great Trades: Inside the FUSN Trade with AI

Uncovering Great Trades: Inside the FUSN Trade with AI

Dec 26, 2023

Hello and welcome to another edition of Uncovering Great Trades. I’m Barrie Einarson from Trade Ideas and I hope this finds you well-rested after the holiday break! Despite the traditionally slow post-Christmas market, we’ve seen some exciting activity today that I’m eager to share and dissect.

The FUSN Trade in the Pre-market

Let’s jump straight into it with a special feature – FUSN. Our artificial intelligence (AI) identified a fantastic opportunity with this stock today in the pre-market.

Remember it’s not always necessary to jump immediately into a trade. It’s often beneficial to observe how the stock is trading initially.

Exceptional Performance – A Closer Look

Our AI spotted the FUSN trade at 777, but there was an opportunity even for those who missed this initial stage.

The price dipped slightly to 734 shortly after. However, this didn’t trigger a stop-out as our stop was set at a much lower price. As the price bounced back up to 777, investors had another shot at entering this lucrative trade. The beauty of observing trades is that it allows you to regard the initial bustle, bide your time and still seize the opportunity when the conditions are right.

The performance of this trade was particularly noteworthy due to its overall steadiness. After a mild hustle-bustle in the initial stages, FUSN enjoyed a pretty smooth upswing until an eventual red bar, a tell-tale sign of a considerable sell-off or price drop.

From 777, the price climbed steadily and impressively to 855 before the red bar appeared. This rise represents a significant percentage gain, which is an excellent take given the slower market pace.

Wrapping Up: A Good Run Despite a Slow Market

In a relatively quiet market, our AI’s recommendation of FUSN proved to be fruitful. This trade underscores AI’s potential to spot attractive moving opportunities, even amidst a slow market.

The day was certainly active for a post-Christmas market, and with a few days left this week, we might see more surprising activity.

I’ll leave you with this:

“In trading, timing isn’t everything, but it’s close. Often, it’s not about being the first but being patient enough to seize the opportunity at the right moment.”