What Makes This Trade Great – Barrie Einarson’s Analysis

What Makes This Trade Great – Barrie Einarson’s Analysis

Oct 17, 2024

Hello traders! Barrie Einarson here with today’s breakdown of a few standout moves from our AI system. Today, I noticed some solid opportunities on the short side, especially among cheaper stocks, thanks to our AI’s sharp predictions. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE15 for 15% off

Let’s dive in:

STAFF (STAF) – Called the Top

Our AI flagged STAF early on after some news pushed it up significantly. While I didn’t have shorts available at Interactive Brokers, if you did, this one would have been a winner. STAF climbed up to $5.63 before dropping to $2.98, showcasing the AI’s accuracy in spotting that peak. Even though it bounced a bit, that move alone offered a hefty 41% gain.

Cheap Stocks on the Radar

The AI also spotted EFSH and LTBR—both solid candidates for shorting today. While I missed the opportunity with EFSH, I did have shorts available for LTBR and took advantage. The AI’s ability to highlight these plays, especially on the short side, is truly impressive.

Iridium (IRDM) Earnings Play

I also want to highlight Iridium (IRDM), which presented a great long opportunity. After its earnings report, IRDM climbed from $32 to a high of around $36. I mentioned this in the room, and it turned out to be a solid move, even if it’s only up around 7% now. Earnings plays like this can offer quick gains, and today was no exception.

Strategy Tip

With our AI’s watchlist, missing an alert doesn’t mean missing out entirely. Often, setups reappear later in the day, so keeping an eye on the list can open doors to additional trade opportunities.

As always, happy trading, and stay tuned for more insights tomorrow!


#Trading #GoNoGoCharts #StockMarket #TradeIdeas #BarrieEinarson #TechnicalAnalysis #AITrading #EarningsPlays #ShortSelling


Feel free to make any adjustments or let me know if you’d like more details included!

4o

You said:

can you make this a blog as Barrie Einarson talking

ChatGPT said:

ChatGPT

Absolutely! Here’s a version of the blog post written as if Barrie Einarson himself is sharing his insights:


What Makes This Trade Great – Barrie Einarson’s Daily Breakdown

Hey traders! Barrie Einarson here with today’s edition of What Makes This Trade Great. We had some interesting plays show up in our AI system today, especially on the short side with a couple of those cheaper stocks that we all love to watch. Let’s break it down.

STAFF (STAF): A Prime Short Opportunity

First up, let’s talk about STAF. Our AI flagged this one after some early morning news caused a huge pop, pushing it way up. Unfortunately, I didn’t have shorts available at Interactive Brokers, but if you did, this was a real winner. The AI called the top at $5.63, and it dropped all the way to $2.98. Even though it’s bounced a bit since then, that’s still a 41% potential gain. These types of moves are what make the AI an incredible tool for spotting opportunities before the rest of the market catches on.

More Cheap Stocks: EFSH and LTBR

Now, STAF wasn’t the only one today. The AI also flagged EFSH and LTBR. I wasn’t able to get shorts on EFSH, but I did have them available for LTBR, and it turned out to be a solid short. Days like this remind me just how valuable it is to keep these cheaper stocks on the radar. They might not get the same attention as the big names, but when they move, they really move.

Iridium (IRDM): A Strong Earnings Play

I also want to mention Iridium (IRDM). After an earnings report, IRDM jumped from $32 up to about $36. This one was a beauty, and I called it out in the room as soon as it started moving. Earnings plays like this can be explosive, and while it’s only up about 7% now, it’s always good to lock in those gains when you see an opportunity.

Trading Tip: Stay Alert for Re-Entries

One thing I always like to remind traders of is to use our AI’s watchlist even if you miss the initial alert. Many times, the setup will appear again later in the day. So if you see a great trade early on but miss the entry, don’t give up—keep an eye on it because it may give you a second shot.

That’s all for today, folks! Thanks for tuning in, and let’s keep making the most out of these trade ideas. I’ll be back tomorrow with more insights. Have a great evening, and happy trading!