Hey traders, Barrie Einarson here with today’s edition of What Makes This Trade Great. Today, we’re taking a look at SOC, a setup that our AI flagged as a solid short opportunity—and it’s one of those plays where news really does matter.Our Rescue 22: https://go.trade-ideas.com/SHxv
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So, SOC raised a significant amount of money at $20 per share, which is why we’re seeing it move down. Our AI picked it up as a short candidate at $24.64. Now, at first, it was a little choppy. But if you managed to grab a short position anywhere in that area, you were likely in a pretty good spot. You probably took some off the table around the early stages, maybe covering part of your position, but as of now, this trade is still holding strong.

I’m not saying SOC is definitely going to hit that $20 mark, but it’s often the case that when a stock raises capital, it starts to gravitate toward the financing price. We’ve seen this play out with SOC—it’s not quite there yet, but it’s showing us some excellent potential.

Currently, SOC has moved down to $22.72, giving us a solid 7.7% gain from our entry at $24.64. If you held onto this one, you’re sitting in a great position right now. Check out my homepage for more information.

Alright, folks, I’ll be out next week, so no videos, but I’ll be back on September 20th. Until then, trade smart, and I’ll catch you soon.