What Makes This Trade Great: GOVX by Barrie Einarson

What Makes This Trade Great: GOVX by Barrie Einarson

Jun 27, 2024

Hello, Barrie Einarson here from Trade Ideas, bringing you today’s edition of “What Makes This Trade Great.” Today, we’re looking at GOVX, another stellar pick from our AI team.

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At 9:06 AM, we received an alert for GOVX at $2.73. This alert came in at a strategic time—our AI alerts are purposely delayed by 10 minutes after the market opens. This delay allows the market to settle and gives us a clearer picture of the stock’s potential.

Initially, GOVX was at $2.43 before moving up to $2.73. Following the alert, the stock quickly climbed to $3.75 before experiencing a slight pullback. For those who missed the initial jump, this pullback presented another opportunity to get in on the action. The stock then surged again, reaching up to $4.12 and almost touching $5.

Currently, GOVX is up 51%, a significant jump from the initial alert at $2.73. If it manages to get over the VWAP (Volume Weighted Average Price) of $4.28, we could see another run as we approach the market close.

This trade demonstrates the power and potential of our AI alerts. From $2.73 to almost $5, GOVX has been a fantastic opportunity for many of us in the trading room. Keep an eye on it for any further surges and consider taking advantage of the pullbacks for entry points.

I’m heading back into the room now. Many of us have already capitalized on this opportunity, and I hope you find this insight useful for your trading strategies. Check out my homepage here.

Happy trading!