Hey traders! Barrie Einarson here from Trade Ideas, and today I’m back with another installment of “What Makes This Trade Great.” Today, we’ve got a fascinating story about HMST, and trust me, you’re going to want to hear this.

$HMST – What Makes This Trade Great!!
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The AI Spot: How a Routine Alert Became a Spectacular Trade

Typically, when we get an alert, we expect some action right away. But in the stock market, patience is often rewarded, and HMST was the textbook example. For a stretched period, to be precise, almost two and a half hours, nothing much happened.

“…then, almost magically, the chameleon known as HMST transformed in front of our very eyes, and what had seemed lackluster became the star of the trading day!”

Now, the fact that HMST was a buyout play often leads to a more hesitant approach from traders, including myself. Buyouts can be unpredictable, and honestly, I had almost discarded this trade out of hand.

When the Unexpected Happens: HMST’s Sudden Rise

But then, out of nowhere, HMST began to move, and it moved big! From the original alert at $13.99, the stock price climbed, reaching a high of $15.74. For those of you that hesitate to act on buyouts, this was a clear message that sometimes they do work out. And when they do, the profits can be substantial.

Another Surprise Play: DWAC’s Subtle Climb

Let’s veer slightly off-topic to another stock that caught my eye – DWAC. I won’t delve into chart analysis right now (that’s a story for another day), but let me drop some quick facts. DWAC impressed with its climb from $19.90 to just over $20. In the stock market, it’s these incremental gains that can accumulate to boost your portfolio’s performance significantly.

Remember, it’s not just about the big leaps; the small, consistent wins also play a crucial role in successful trading. Be it HMST, DWAC, or any other stocks on the horizon, the real trick lies in the ability to identify and seize these opportunities.

What We Can Learn from Today’s Trades

• Even buyouts, which are typically approached with caution, can present fantastic opportunities.
• Patience can be incredibly rewarding. Sitting through the stillness can lead to significant gains.
• Trustworthy scans like the combo scan are powerful tools in any trader’s arsenal. They can reveal hidden trading potential that might be easily overlooked.

Today’s trading day exemplifies how the market can surprise us, displaying resilience and dynamic changes that can turn an ordinary day into an extraordinary one – if we’re ready for it.

I hope these insights help you as you navigate through the twists and turns of the market. Do you have your combo scan set up yet? If not, it might be time to consider adding this tool to your trading desk.

Alright, folks, I have to jump back into the trading room, but stay tuned for more market insights and thrilling trade tales tomorrow. Enjoy your evening, and keep your eyes peeled for those hidden gems that could be lurking just around the corner.

Barrie Einarson signing off. Catch you on the next wave of market opportunities, traders!

Happy trading! 📈🌟

(Tip: Always make sure to do your own research and due diligence before making any trades. The market is filled with opportunities but also with risks!)