Hey there, fellow traders! It’s your pal Barrie Einarson from Trade Ideas, back again with another episode of “What Makes This Trade Great”. Today, I’ve got an absolute gem to share with you all, straight from our trusty AI.To Subscribe: https://go.trade-ideas.com/SHQ
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So, let’s dive right in.

You see this beauty? It’s ticker symbol OUST, and boy, did it deliver! Our AI flagged this one at precisely 575. Yep, you heard that right, 575! And before you could even bat an eye, it soared all the way up to 719. Now, if that’s not a sweet percentage gain, I don’t know what is.

What’s even more exciting? This wasn’t just any run-of-the-mill trade. Nope, this was an earnings play, folks. And you know what that means – potential for some serious action throughout the day. Just take a peek at the daily chart, and you’ll see the vast expanse of opportunity it presented.

But hold on to your seats, because here’s where it gets even more interesting. As the price approached 720, I couldn’t shake off the feeling that it might be losing steam. So, what did I do? I floated the idea to my fellow traders – why not consider a short position?

Now, don’t get me wrong, our AI is top-notch when it comes to spotting profitable moves. But sometimes, you’ve gotta trust your gut and read the signs. And that’s exactly what I did. Whether it’s riding the wave of an uptrend or capitalizing on a potential reversal, versatility is key in this game.

So, as the day winds down, I want to leave you all with this nugget of wisdom: stay sharp, stay adaptable, and always keep an eye out for those trade gems. Until next time, happy trading, folks!

Catch you on the flip side.