In today’s edition of What Makes This Trade Great, we had a clean little earnings play flagged by our Trade Ideas AI — the stock EGHT. To Subscribe: https://go.trade-ideas.com/SHQ
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The alert fired at 2:25, and from there EGHT made an impressive percentage move, pushing all the way up to 2.57 before pulling back. For a small-cap earnings play, that’s exactly the kind of explosive momentum we’re looking for.

What makes this trade especially interesting is where the pullback stopped.

After the initial surge, EGHT settled right onto the VWAP, shown by the purple line on the chart. VWAP often acts as a key decision point — will it hold as support and give us a potential bounce, or will price fail and continue lower?

That question matters even more in today’s environment. The overall market was jittery, chopping up and down and offering very little directional clarity. In conditions like these, it’s tough to have confidence in broad market trades.

But earnings plays are different.

They often trade independently of the overall market, and EGHT was a perfect example. While the indexes were moving erratically, EGHT respected its own technical structure and gave us a clean, AI-identified opportunity.

This is a great reminder of why we trust the AI:

• It spots high-probability earnings setups
• It identifies strong percentage movers
• And it finds trades that can work even when the market doesn’t cooperate

A simple alert, a strong move, and a textbook VWAP test — that’s what made this trade great.