A Day of Opportunity with APLT

A Day of Opportunity with APLT

Sep 18, 2024

Hey traders, Barrie Einarson here with today’s breakdown on what made APLT such a great trade. On a day when the market was anxiously awaiting the Fed’s interest rate decision, volatility was the name of the game. But even in choppy conditions, there’s always something to watch for, and APLT definitely stood out. To Subscribe: https://go.trade-ideas.com/SHQ
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Here’s the setup: early in the day, we got an alert at $7.33 thanks to our A.I. tool, which has been incredibly reliable in spotting these opportunities. The stock ran up to $8.00 in no time—a fantastic percentage move. Now, a lot of traders might’ve felt like they missed the boat when it pulled back, but if there’s one thing I always say, it’s this: don’t give up too quickly. The market often gives you another shot if you stay patient.

And that’s exactly what happened with APLT. It came back down to that $7.33 alert level and gave everyone a second chance. From there, we saw another strong push, first to $7.86 and then up to $8.40. On a day when the broader market was struggling—just take a look at the SPY chart—APLT was a beacon of strength. A real beauty.

What made this trade even more interesting? It had news driving the action. In this kind of market, news can be a powerful catalyst, and APLT showed exactly that.

So, the takeaway here is to stay disciplined, follow your levels, and don’t panic if the stock pulls back after a run-up. The market will often present you with another opportunity if you stay focused. Patience pays, especially on volatile days like this. For more information check out my homepage.

Alright, traders, I’m heading back into the room, but I’ll see you tomorrow for another round of trading insights. Stay sharp out there!