Hello everyone, Barrie Einarson here from Trade Ideas with another exciting edition of “What Makes This Trade Great.” Today, I have a particularly intriguing trade to discuss with you all, involving a company that’s been on everyone’s radar – SERV. To Subscribe: https://go.trade-ideas.com/SHQ
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The Catalyst: NVIDIA’s Strategic Move

So, what’s the big news? Yesterday, after hours, NVIDIA disclosed that they now hold a 10% stake in SERV. Yes, you heard that right. They acquired over 60,000 shares at $4 each. This announcement was a game-changer, sending shockwaves through the market.

The Market’s Reaction

Let’s take a closer look at the chart. Immediately after the news broke, we saw SERV’s stock price skyrocket. As of now, it’s up a staggering 134%! It’s a remarkable move, especially considering how quickly it happened. At its peak, the stock hit $6.26 before pulling back slightly.

Trading Room Insights

In our trading room, this stock was the center of attention. Many of us were able to capitalize on this incredible run. I found it fascinating from the very start, especially as it began to drop initially. But then, around 10:15 AM, it started to gain momentum again, and it was off to the races. Watching it run up before pulling back was quite the experience.

Looking Ahead: Potential Second-Day Continuation

So, what’s next for SERV? Based on the significant news of NVIDIA’s investment, I believe there’s a strong possibility of a second-day continuation. This is definitely a stock to keep on your watchlist for next week. The market’s reaction to such eye-catching news can often lead to extended moves, and SERV might just be on that path.

As we wrap up this week, I want to thank everyone for joining me on this deep dive into SERV’s meteoric rise. Keep your eyes peeled for further developments and be ready to seize any trading opportunities that come our way. Check out my homepage

Have a great weekend, and I’ll see you all on Monday!