Happy New Year, traders! Barrie Einarson here with today’s edition of What Makes This Trade Great. Let’s dive into an exciting case study from this morning: HTCR. To Subscribe: https://go.trade-ideas.com/SHQ
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HTCR Trade Insights

This morning, our AI system flagged HTCR at an alert price of $2.43. The initial movement demonstrated why AI alerts serve as a fantastic watchlist tool for traders. Let’s break it down:

1. Initial Alert and Movement:
   • The alert appeared at $2.43, and the stock initially dipped slightly below this level before reversing and climbing higher.
   • HTCR reached a peak near $3.00, offering a substantial intraday opportunity for traders paying attention to the alert.
2. Learning to Take Profit:
   • As the stock began to pull back after its high, it’s crucial to lock in gains rather than waiting for a full retracement.
   • A disciplined approach to taking profit ensures that traders avoid turning a winning trade into a losing one.
3. Second Opportunities:
   • Later in the session, HTCR retraced and approached the original alert price again.
   • While there’s no guarantee it will make another run, monitoring such moves allows traders to capitalize on potential secondary rallies.

Using AI as a Watchlist

AI tools are not just about the initial alerts; they’re about watching and reacting:

• Stay Alert: If you miss the first move, keep an eye on stocks returning to key levels.
• Set Targets: Identify realistic profit zones and act decisively when those levels are reached.
• Minimize Risk: Never let a winning trade reverse into a loss. Establish stop-loss levels and adjust them as the trade develops.

HTCR serves as a great reminder that trading requires vigilance, flexibility, and discipline. AI alerts provide the framework, but it’s up to you to execute effectively.

Final Thoughts

Whether it’s HTCR or any other stock, remember to treat AI alerts as dynamic opportunities rather than fixed signals. By using them as a watchlist, you open yourself up to multiple chances to profit throughout the day.

Good luck out there, and as always, trade smart!