By Barrie Einarson

Hey everyone, Barrie Einarson here with today’s edition of What Makes This Trade Great.

Let’s talk about TEM. Our AI alerted us to this one at $43.88, and if you take a look at the chart, you’ll see how it moved into the VWAP—the red line there—before pulling back slightly. But here’s the key: before any significant pullback, it almost hit $50, which makes this an interesting level to watch going forward.

Why is TEM catching my attention? Well, it had some news today about the launch of a personal healthcare app, and that’s definitely something worth keeping on the radar. Looking at the monthly chart, this stock was trading at $69 just last week, so it’s been hammered down quite a bit. Now, it’s attempting to stage a comeback, and if it breaks through the $50 level, we could see some solid momentum.

What to Watch For:

• Entry Point: Our AI picked it up at $43.88—great spot.
• Key Resistance: The $50 level is crucial; a break above could push it higher.
• Catalyst: News about the healthcare app could drive investor interest.
• Chart Insight: It’s bouncing back after a steep drop, which makes it an appealing rebound play.

I’ll be keeping a close eye on TEM tomorrow to see if it can break that $50 level, and I suggest you do the same. As always, stick to your trading plan and manage risk wisely.

That’s it for today—trade smart, and I’ll catch you in the next update!