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Hey everyone, Barrie Einarson here. Hope you’re all having a great trading day. Let’s talk about TVGN and why it caught my eye this morning.To Subscribe: https://go.trade-ideas.com/SHQ
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Now, if you want to know how to spike your company’s stock, here’s a little trick—just drop the words “Microsoft” and “A.I.” into your press release. I’m only half-joking here, but that’s basically what TVGN did this morning. They mentioned Microsoft and A.I. in their pre-market release, and boom—the stock took off.

TVGN’s a low-float stock with just 22 million shares out there, so that’s always something to look for when you expect volatility. Our A.I. scanner caught it early at $2.47, before the first pullback, and from there it ran all the way up to $2.97. That’s a nice gain for anyone who was in early.

But, as I always say, if you miss the first move, don’t sweat it. You could’ve waited for the pullback and still caught some action. TVGN’s still moving, and I’ve got my eyes on it for later in the day. There’s potential here for more, so let me break it down for you.

When you look at the weekly chart—after a bit of fumbling with my charts this morning—I can see that the next target is around $3.11. If it breaks through that, then we’re looking at $4.80 as the next major resistance level. That’s a ton of upside if we get the volume and it pushes past $3 later today.

So, here’s the play. Keep watching that $3 level. If it breaks through with some strength, we could see a pretty nice run to $4 or higher.

I’ll be keeping an eye on it in the trading room and will update if I see any big moves. Have a great trading day, and I’ll catch you all tomorrow!