Hey traders, Barrie Einarson here. Let’s break down an interesting setup from today—IVVD. This was one of those plays where patience really paid off. To Subscribe: https://go.trade-ideas.com/SHQ
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We had the Trade Ideas alert at $1.11, marked by that little blue arrow on the 5-minute chart. The stock popped up to $1.17, then pulled back, giving traders a solid 45-50 minutes to decide on an entry. Plenty of time to assess risk and plan the trade.

Then, at 11:00 AM, IVVD made its real move—blasting off and pushing higher. As of now, it’s up 13.5%, and I’m keeping an eye on whether it can test the $1.43 high later in the day.

Key levels to watch:

✔ VWAP support – Does it hold?
✔ Breakout potential – Can it push past $1.43?
✔ Momentum check – Strength to continue or fade incoming?

A great example of how using GoNoGo Charts and technical analysis helps traders anticipate the move before the breakout. Stay sharp, and I’ll see you all in the trading room tomorrow!