What Makes This Trade Great: AI Nails the Short on PGY
What Makes This Trade Great: AI Nails the Short on PGY
Feb 13, 2025
Hey traders, Barrie Einarson here with today’s breakdown on an impressive AI-assisted trade. To Subscribe: https://go.trade-ideas.com/SHQ
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PGY was a massive earnings runner, making a big move in the pre-market. I actually took it long early on and got out just before $15, locking in profits. But here’s where it gets interesting—the AI identified the top almost to the penny, calling for a short at $15.24 just as PGY hit $15.28.
The result? PGY pulled back hard, dropping all the way to $13.60—a fantastic short setup. That’s what makes this trade great. The ability to spot exhaustion levels and time the reversal is something AI excels at, and this was a prime example.
Sure, PGY might recover later in the day, but that initial move was a high-probability short. When stocks make explosive runs, knowing when to fade the move can be just as valuable as riding the upside.
💡 Takeaway: Pay attention to strong pre-market runners—especially earnings plays. AI-driven signals can pinpoint reversal zones, helping you capitalize on momentum shifts.