Jan 7, 2025


What Makes This Trade Great: HOTH’s Big Run 🚀

By Barrie Einarson

Hey traders, Barrie Einarson here with today’s trade breakdown. Let’s dive into why HOTH was the standout move of the day, showing us just how powerful AI alerts and technical setups can be. To Subscribe: https://go.trade-ideas.com/SHQ
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🚨 The Alert

Our AI flagged HOTH at $1.79 this morning. If you check the blue arrow on the 5-minute chart, you’ll see where the magic started. But here’s the kicker—you didn’t need to jump in right away. The alert came 20 minutes before the stock exploded, giving you time to analyze and decide.

📈 The Move

After the alert, HOTH briefly pulled back to the VWAP (Volume-Weighted Average Price), a key level to watch for momentum trades. Then it took off around 10:00 AM. The stock rocketed all the way to $3.83 at its peak—an incredible 58% gain!

📰 The Catalyst

The spark came from pre-market news, which always catches traders’ attention. While it’s essential to verify the fundamentals, the technicals told a story of pure opportunity.

👀 Keeping an Eye on HOTH

Right now, HOTH is sitting at $2.83, but I’m watching for a potential late-day surge. Sometimes, when volume dries up mid-day, we see a second wave in the afternoon. If it holds VWAP or regains strength, it could be a setup worth revisiting.

🔑 Takeaways

  • Early Alerts Matter: The AI’s timing gives you room to plan, not panic.
  • VWAP Pullbacks Are Gold: These levels often act as springboards for explosive moves.
  • Massive Potential Gains: A 58% run in one day? That’s the kind of action traders dream of.

📅 Final Thoughts

HOTH’s move today is why we trust the process—combining AI insights, technical levels, and news catalysts. I’ll be watching this one into the close, and I’ll be back tomorrow with more actionable trade ideas.