What Makes This Trade Great: IOVA’s Double Setup

What Makes This Trade Great: IOVA’s Double Setup

Jul 23, 2025

Hey everyone,
Barrie Einarson here from Trade Ideas with another breakdown of what made today’s trade great.

Let’s take a look at IOVA, a name that gave us two clean chances to lock in profits—and might not be done yet. Use Promo Code BARRIE15 for 15% off an Annual Premium Subscription


📌 First Move: The Alert at $3.90

We got the Trade Ideas alert on IOVA at $3.90. If you jumped in right away, there was a quick push to around $4.23. That’s a solid intraday move.

But then, classic small-cap behavior—it pulled all the way back and hit the stop. Some might’ve stepped aside there, but this is where patience and preparation paid off.


🔁 Second Chance: Reentry Pays Off

The stock retested the $3.78 to $3.90 range, giving us a chance to reenter with a tight risk window. From that point, we saw a rally up to $4.33.

That’s two setups in one ticker.

If you played both, or even just caught the second leg, there were great percentage gains to be made. These are the kinds of setups that reward traders who don’t chase, but react with discipline.


🔮 What I’m Watching Now

Right now, I’m keeping a close eye on the $4.38 level. If IOVA can break that, it could have room to run higher.

Yeah, the action’s a bit choppy—but that’s where structure and trade planning come in. Always know your levels, your stops, and your targets.


🧠 Final Thoughts

IOVA gave us a perfect example of a trade that wasn’t easy, but was absolutely worth sticking with. Two opportunities, tight reentry, clear risk-reward.

These are the setups we live for in the Trade Ideas room.

See you tomorrow—same time, same place.