Hello, traders! Barrie Einarson here from Trade Ideas, back with another edition of What Makes This Trade Great! 🚀 To Subscribe: https://go.trade-ideas.com/SHQ
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Today, we’re diving into $NITO, a stock that’s been the talk of the day. Why? Because it exemplifies what’s possible when you stay disciplined and embrace the opportunities AI-driven trading tools provide.

The Setup

A few days ago, $NITO was trading at 30 cents—yes, you read that right. This morning, it hit a jaw-dropping high of $3.50! That kind of move doesn’t happen every day, so let’s break down how this trade unfolded.

The Initial Alert

The Trade Ideas platform gave an AI alert at $2.30. However, the stock quickly pulled back, stopping out at $2.00. This might have seemed like a missed opportunity, but in trading, one door closing often opens another.

The Reentry

Here’s where things got exciting. A reentry alert triggered at $2.15, right between the stop price ($2.00) and the initial entry ($2.30). This reentry provided an excellent opportunity to ride the wave back up—and what a ride it was!

The Big Move

From the reentry point at $2.15, $NITO soared to $3.49 before pulling back. That’s a massive gain in a short amount of time. This move demonstrates the power of staying patient, following the plan, and utilizing reentry strategies when the market provides second chances.

Why It Matters

This trade is a textbook example of why you should never give up on a stock after a pullback. It’s also a reminder of the importance of having the right tools, like Trade Ideas, to spot opportunities others might miss.

What’s Next for $NITO?

$NITO isn’t done yet. I’m keeping it on my watchlist for the rest of the day, as it might have more moves in store. Trades like this show the value of being flexible and staying prepared for whatever the market throws your way.

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Final Thoughts

Whether it’s your first trade or your thousandth, there’s always something to learn from setups like $NITO. Reentry setups, disciplined stops, and AI alerts can make all the difference in your trading journey. Stay sharp, and as always, trust the process.

See you in the next edition of What Makes This Trade Great!