Hey everyone,
Barrie Einarson here from Trade Ideas. Let’s talk about a trade that really lit up the pre-market today—PTIX. It had some merger news hit early this morning, and the stock just exploded. At one point, it was up over 246%, and it wasn’t slowing down. To Subscribe: https://go.trade-ideas.com/SHQ
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Now look, this one wasn’t for the faint of heart. PTIX is a low-float stock, which means it’s going to be super volatile, and you’ve got to be really sharp with your entries and exits. But that’s exactly where the TradeWave comes in.

🕔 The Early Setup

If you were up early—say, around 6:25 AM Eastern—you might’ve caught the first big move. TradeWave started lighting up, and the momentum was undeniable. Sure, it was a choppy ride, but the wave kept you on the right side of the action.

🚨 Reading the Wave

What I love about TradeWave is how it gives you visual cues for when to stay in and when to back off. Around 9:15 AM, the wave started shifting to orange, which is our heads-up to consider exiting or trimming. For a stock moving this fast, that cue is gold.

Then by 10:35 AM, it started curling back up again, and we got another potential move. If you were managing your size properly, this was a chance to ride another leg without overstaying.

💬 My Thoughts

Not the cleanest trade in the world, I’ll admit. But even in the chaos, TradeWave gave us a clear framework. That’s the power of having the right tools. It’s not about catching the top or bottom—it’s about staying in control during the in-between.

We’ll see if PTIX makes a run to break that $11.81 high later today, but regardless, this was a great example of spotting momentum early and using the wave to guide the ride.

See you back in the room tomorrow.

— Barrie