Analyzing SES Trade Setup and Execution
Analyzing SES Trade Setup and Execution
Jan 23, 2025
Hello traders, Barrie Einarson here with today’s trade recap focusing on SES, one of our AI picks that provided multiple opportunities throughout the session. Let’s break down the trade and explore key takeaways that could help refine our trading strategies. To Subscribe: https://go.trade-ideas.com/SHQ
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Our AI system alerted SES at $1.15, offering traders ample time to assess and decide on their entry. Here’s how the price action unfolded:
- Initial Alert at $1.15: The stock showed immediate movement, rising to $1.19 before retracing to $1.12 and further down to $1.07. This early volatility provided an opportunity for traders to evaluate their risk tolerance and potential re-entry points.
- Second Wave at 9:55 AM: Approximately 15 minutes later, SES experienced a sharp upward move, surging to $1.31. After a minor pullback, the stock exploded up to $1.50, offering a strong momentum play.
- Current Status: After the spike, the stock retraced significantly. We are monitoring if it can reclaim the VWAP later in the day for another potential leg up.
- Patience Pays Off: SES demonstrated that even if the initial alert is missed, there are often subsequent opportunities to enter at better risk-reward setups.
- Volume Confirmation: The big push to $1.50 was supported by increased volume, a key factor in confirming momentum.
- VWAP as a Re-entry Indicator: Watching for SES to reclaim the VWAP can provide another solid trade opportunity if the trend resumes.
- Managing Expectations: Stocks with high volatility like SES require careful stop management to avoid unnecessary losses while maximizing potential gains.
As we continue monitoring SES, the focus will be on potential consolidations and whether the stock can build higher lows. If it reclaims key levels, another breakout could be in play.
Stay tuned for further updates and trade ideas.