📉 Stock: IOT
📊 Short Entry: $38.78
📉 Low Reached: Nearly $34
⚡ Market Conditions: Uncertain, trading below the 200-day moving average

Another strong trade setup emerged from our AI today, and this time it was a short opportunity on IOT. The AI flagged an entry at $38.78, and from that moment, the stock saw little to no pullbacks, making it an ideal short trade.

It dropped dramatically, nearly reaching $34, delivering a massive percentage move for those who capitalized on it early. Even for traders who entered later—like myself at $36—there was still a solid opportunity to profit.

Navigating a Weak Market

The broader market remains in turmoil, with SPY well below its 200-day moving average (previously at $571). While I hesitate to call this a full-blown bear market, it’s clear we’re facing significant downside pressure.

For traders, this means adapting to volatility and identifying strong setups like today’s AI-driven short on IOT. Staying nimble and focusing on high-probability trades is key in these conditions.

How are you navigating the current market? Drop your thoughts below! 👇

#Trading #GoNoGoCharts #StockMarket #TradeIdeas #BarrieEinarson #TechnicalAnalysis #ShortSelling #MarketVolatility

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You said:

can you make this a blog as Barrie Einarson talking with hash tags with commas

ChatGPT said:

AI-Powered Short on IOT: A Massive Move in a Shaky Market

Hello traders, Barrie Einarson here with another edition of What Makes This Trade Great. Today, we had an absolute beauty from our AI—a short on IOT that delivered a massive percentage move.

The AI flagged the short entry at $38.78, and from that point on, there was barely any pullback. It just kept dropping, hitting nearly $34 at its lowest. I actually waited until the $36 break before jumping in, and even then, it turned into a great trade. Just an incredible move from our AI.

Market Conditions: Weak & Uncertain

Taking a step back, the market isn’t looking great. SPY is trading well below its 200-day moving average, which was up around $571. I’m not calling this a full-blown bear market just yet, but it’s clear that we’re in some serious downside pressure.

Adapting to Market Volatility

When the market is shaky like this, it’s all about finding the right setups. Today’s AI-driven short on IOT was a prime example of how you can capitalize on momentum and ride strong trends, even when the broader market is struggling.

What are your thoughts on this market? Are you focusing on shorts or still finding long opportunities?