By Barrie Einarson

Hey there, traders and enthusiasts! It’s Barrie Einarson here from Trade Ideas, and I’m back with another edition of “What Makes This Trade Great.” Today, we’re diving into the intriguing after-hours action of MDIA and what caught my eye about this particular trade.

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So, there I was, wrapping up my day, when MDIA popped up on my radar after the market had closed. You know, there’s something quite exciting about after-hours trading – it’s like the market’s way of dropping hints about what’s coming next.

I noticed MDIA in the 15-minute chart, where the after-hours action was highlighted in a moody area. It’s like the chart was telling a story, and I was all ears, trying to decipher the plot.

Curiosity piqued, I delved into the latest news surrounding MDIA. There was something about a 13D filing – not your everyday market chatter, right? It turns out some company has claimed a whopping 95% ownership of MDIA. Talk about a significant move!

Moving on to the pre-market session, there was a noticeable shift. The chart had this tan area, indicating pre-market activity. It was as if the market was reacting, adjusting its stance based on the new information. That moment of realization was like a light bulb going off – “Wow, okay, this is something to watch!”

So, what makes this trade great? It’s not just about the numbers or the percentages. It’s about the story behind the stock, the unexpected filings, the market’s reaction, and the potential it holds for savvy traders.

Whether you’re a seasoned trader or just starting, keeping an eye on these nuances can provide valuable insights and opportunities. And that’s what we’re all about at Trade Ideas – empowering you with the knowledge to make informed decisions.

Until next time, keep your eyes on the market and stay curious. Happy trading!