Hello everyone, Barrie Einarson here from Trade Ideas, bringing you today’s edition of “What Makes This Trade Great.” Today, we’re diving into an interesting trade recommended by our AI system: MBOT (Microbot Medical Inc.).To Subscribe: https://go.trade-ideas.com/SHQ
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At 9:27 AM, our AI alerted a short position for MBOT at $1.91. This alert came in around 9:40 AM. Initially, the stock moved down slightly but then experienced significant volatility.

For those who took the trade at $1.91, there was a stop-out point that might have caused some frustration. The stock’s movement around this point was quite erratic. If you had entered at $1.91 and waited for the stop, you would have been stopped out.

However, let’s take a look at the weekly chart. The high today reached $2.35, and looking left on the chart, we can see a previous high around $2.27. Even though the initial short position might have been stopped out, it’s crucial not to lose sight of the AI’s potential.

Despite the early stop-out, there was an excellent opportunity to re-enter the short position at a higher price. After the initial volatility, MBOT presented a much better entry point for a short position. From approximately $2.16, the stock moved down to $1.39, showcasing a tremendous percentage move down.

This trade exemplifies an important lesson: don’t be quick to dismiss the AI alerts. Even if the initial entry was slightly premature, the setup might present itself at a more favorable price later on. By re-entering at a better price, you could have significantly profited, more than compensating for any initial losses.

In conclusion, when using our AI system, consider removing the filter that only shows profitable trades. The AI might get in early, but it can set up for a better price point later on. Keep an eye on these opportunities and adapt your strategy accordingly.

We’ll see you tomorrow in our trading room. Happy trading! If you haven’t yet sign up today and save