What Makes This Trade Great: A Look at PONY ($PONY)
What Makes This Trade Great: A Look at PONY ($PONY)
Apr 28, 2025
Hey everyone, Barrie Einarson from Trade Ideas here. Let’s dive into today’s edition of “What Makes This Trade Great,” featuring a mover you might have spotted recently — PONY, ticker symbol $PONY. To Subscribe: https://go.trade-ideas.com/SHQ
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Let me bring it up on the daily chart. You can see PONY had some really nice action. Actually, it showed up on our AI alerts not once, but twice — two days in a row. Last Friday, the stock exploded, getting all the way up to about $10. But as often happens, we saw a big pullback, all the way down to around $7.02. Probably a lot of profit-taking kicking in at that point.
Now, here’s what I really want to highlight today: how Trade Wave handled it. Trade Wave is part of our standard service, and if you’re not using it yet, you should definitely take a closer look.
Take a look at this: Trade Wave gave a nice little buy flag, right there. What Trade Wave tries to do is keep you in the trade as long as possible, unless you get a cloud transition to orange. That orange cloud tells you it might be time to think about exiting.
In this case, you could have ridden this one up beautifully. Sure, you might have taken a little bit off on some pullbacks — that’s always smart risk management — but overall, the signal stayed strong. It helped you stay in the trade, catching as much of the move as possible without getting shaken out too early.
Bottom line: AI alerts pointed us in the right direction, and Trade Wave helped manage the position intelligently.
Until next time, keep those charts clean and your trades smart!