Hey traders,

Barrie Einarson here with another edition of What Makes This Trade Great. Today’s spotlight is on IonQ (IONQ), and this trade shows just how much news can impact the markets.To Subscribe: https://go.trade-ideas.com/SHQ
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Let’s dive in.

If you’ve been keeping up with headlines, you’ll know that the CEO of Nvidia recently threw some serious cold water on the quantum sector, which had been ripping higher. This news set the stage for an incredible trading opportunity.

Here’s what happened:

• Entry Point: The AI flagged a short setup at $33.59, identifying a great chance to catch the move before the stock pulled back.
• The Drop: IonQ dropped to $26—not once but twice—delivering a massive 17% gain for those who capitalized on the opportunity.
• VWAP Watch: As the stock hovered around its VWAP (red line), it became a critical level to watch for potential stalling or continuation downward.

This trade underscores a vital lesson: news matters. When Nvidia’s CEO cooled enthusiasm for quantum plays, it created a ripple effect that traders could exploit.

So, always keep an eye on market-moving news—it’s a game-changer.

Let me know if you traded this one or if you’re keeping IonQ on your watchlist. Stay tuned for tomorrow’s breakdown of another great trade!