Hello, Barrie Einarson here from Trade Ideas with today’s edition of “What Makes This Trade Great.” Today, we’re diving into a trade involving ASTS. It’s a prime example of how patience and strategic use of AI alerts can yield impressive results.

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At 9:23 AM, our AI flagged ASTS at $6.95. The stock quickly rose to $8.46, demonstrating a significant upward movement in a short span. This initial surge highlights the potential of timely AI-driven alerts to capitalize on market opportunities.

One of the key points to note is that if you missed the initial alert, there was no need to panic. After the first alert at $6.95, the stock showed volatility. It popped up to $7.49 before pulling back. Remarkably, it then dropped below the original alert price.

For those who felt they missed out, the stock provided multiple opportunities to re-enter the trade. By 10:30 AM, it had returned to around the original alert price of $6.95. Even if you waited for a whole number break of $7, the stock climbed to approximately $8.44 before pulling back again.

This trade underscores the importance of patience and reactivity:

• AI Alerts: Utilize AI alerts but be prepared for multiple entry points.
• Volatility Management: Understand that stocks may pull back, offering second chances.
• Strategic Entry: Consider re-entry points if you miss the initial surge.

Today’s ASTS trade is a testament to the power of AI in trading and the value of patience. If you miss an initial alert, watch for potential re-entry points. As demonstrated, patience can often lead to equally profitable opportunities.

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