Hello, dear readers! Barrie Einarson here, from Trade Ideas, bringing you the freshest slice of our trade analysis in today’s edition of “What Makes This Trade Great”. We’re diving into a real rollercoaster of a stock today – EWTX. This hot tip was handed to us by our AI, chiming in at exactly 12:07 PM – that’s right, mark that time, folks.To Subscribe: https://go.trade-ideas.com/SHQ

Before we delve into the journey of this powerhouse, let’s talk pre-market action. Early birds like me caught a glimpse of EWTX doing something quite unusual. They announced a financing at a modest $11. I can hear you whisper, “So what?” Well, typically, a company’s stock price after announcing financing hovers around that price or even dips below. It’s the market’s equivalent of ‘expect the expected.’ But EWTX, in a stunning turn of events, scoffed at the typical. The stock price didn’t just hang around – it soared!

Unexpected Movements

“Against all odds, in my opinion, it just kept moving and moving.”

And move it did. Despite a slight pullback, a sign that even skyrocketers need a breather, the chart shows us a solid consolidation. A base from which EWTX raised a jaw-dropping $240 million. Hat tip to them for pulling that off!

AI’s Crystal Ball

Now, what caught me off guard didn’t seem to surprise our AI one bit. It calmly alerted us at $12.07, and before anyone could bat an eyelash, EWTX peaked at $13.74. Not too shabby, right? That’s the magic of AI, providing us with those invaluable insights that even seasoned traders can miss.

End-of-Day Magic?

So, where does EWTX go from here? From what the charts tell us, don’t put those party hats away just yet. We might just witness an end-of-day sprint. Keep your eyes peeled because EWTX is showing no signs of slowing down.

Final Thoughts

Before I sign off, a word to the wise: weekends are a time to relax, reflect, and recharge. But let’s not get ahead of ourselves – it’s not a long weekend, just a great one that awaits us. So, close those trading tabs, step away from the monitors, and enjoy your well-deserved break.

Catch you all on Monday for more market marvels. Until then, keep those trades smart and your spirits high. Bye!

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