Hey everyone, Barrie Einarson here with another exciting trade breakdown. Today’s star performer is EWTX, and what a ride it’s been! This stock has been making moves for a while now, but today’s news took things to a whole new level. To Subscribe: https://go.trade-ideas.com/SHQ
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EWTX released updates from its phase one and two studies, and just like that, we saw a massive spike. I was tracking this in the pre-market, and our AI system caught it beautifully at $26.18. As of now, it’s up a staggering 55% from yesterday’s close. These are the kinds of moves we love to see.

I’m using GoNoGo charts, and the trend showed up clearly with that strong light blue color, signaling a bullish run. Now, I have to admit, there was some choppiness in the early stages, and I got caught up in that. I took some profit, but unfortunately got shaken out of the position before the real push happened. That’s trading for you—sometimes you win, and sometimes the chop gets you!

Looking at the monthly chart, I noticed that we’re sitting at highs we haven’t seen in over three years. If EWTX can take out that level, we’re eyeing a potential move to around $33. There’s still room for this stock to go higher, and it’s definitely one to keep on the radar if the momentum continues.

Overall, I’m really excited about this one. Even though I didn’t catch the entire move, the AI spotted a great setup, and it’s a reminder of the power of strong technical tools in your trading arsenal. Keep an eye on EWTX as it continues its climb.

Catch you all in the next one—happy trading!