Hello, Barrie Einarson here with today’s edition of “What Makes This Trade Great,” brought to you by Trade Ideas.To Subscribe: https://go.trade-ideas.com/SHQ
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Today, we’re diving into NNE, a stock that’s been making waves lately. Let’s break down why this trade is so intriguing.

First off, NNE popped up on our RAI radar at an alert price of $17.69. If you’ve been following our videos, you know the drill: sometimes you might miss the initial alert, but the opportunities keep coming. After hitting $18.90, it pulled back, offering another entry point. And then, boom, it surged to nearly $20, pulled back again, and eventually reached as high as $22.20. It’s a classic example of multiple entry opportunities in a volatile stock.

What’s the real story here? Look at NNE’s weekly chart. We’ve been discussing this stock for a while. It IPO’d back in early May, did almost nothing for three weeks, and then took off. Last week, we saw a giant green weekly candle. Today is just the first day of the week, but who knows where it might go from here?

NNE is in the micro reactors and nuclear technology sector. This company has been nothing short of astounding. With a relatively low float of 15.6 million shares, the stock has shown sensational performance, driven by our RAI today. It’s a sector that’s garnering a lot of attention right now.

While I’m not suggesting you chase the stock, a small pullback could present a viable entry point. This sector is one to watch. Sign up Today

Alright, folks, I’m heading back to the trading room. Have a great evening, and we’ll catch up tomorrow.

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