Hey, traders! Barrie here from Trade Ideas with today’s edition of “What Makes This Trade Great.” Let’s dive into another fantastic opportunity that our AI uncovered today.

This morning, our AI picked up a beautiful mover in SGMT. The alert came in right around the $3.09 mark, and from there, it was off to the races! The stock moved swiftly, climbing up to around $3.69 at its peak — that’s over a 19% move in just a short time!To Subscribe: https://go.trade-ideas.com/SHQ
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Why Did This Trade Stand Out?

First off, let’s talk about why our AI was all over SGMT. The alert came from one of our proprietary strategies, “Cheap 10,” designed to identify stocks under $10 that are showing strong bullish signals early in the session. As always, our AI is constantly scanning the market, looking for patterns and setups that offer the best potential returns, and SGMT fit the bill perfectly today.

When the alert came through at $3.09, the stock had already shown some nice upward momentum. It was clear that there was buying interest and strength behind the move. Even better, there wasn’t any significant sell signal until the stock reached $3.63, providing plenty of room for profit.

Key Lessons From Today’s Trade

1. AI-Powered Alerts: This trade is a textbook example of how our AI can give you an edge in the market. By catching SGMT right at the $3.09 level, we were able to enter at the start of the move, giving us the best chance to capitalize on its momentum.
2. Holding for the Right Moment: A critical aspect of trading is knowing when to hold and when to fold. In this case, there were no obvious signs of weakness until SGMT hit around $3.63. That’s when I decided to take some profit off the table. From there, it was a matter of watching the action and managing the rest of the position.
3. Stay Flexible and Be Ready: The stock is now in a bit of a holding pattern around $3.50. The question is, will it take out the high of the day, or is this the start of a pullback? This is where staying flexible and ready to adapt is key. Keep an eye on volume and any new catalysts that might drive the next move.

What’s Next for SGMT?

As we watch the stock settle around $3.50, it’s crucial to stay alert for signs of strength or weakness. Will it push past the high of the day, or is it going to retrace? Our AI will keep an eye on it and continue to alert us to the best possible opportunities.

Final Thoughts

Today’s trade in SGMT is another example of the power of AI in trading. Our alert at $3.09 gave us the perfect entry to ride a nearly 20% move. Remember, it’s not about catching every single trade but finding the right ones that align with your strategy and risk tolerance.

Thanks for joining me in today’s edition of “What Makes This Trade Great.” I’ll see you all back in the trading room tomorrow for more action-packed opportunities! Check out my homepage for more information.

Trade smart, stay disciplined, and let our AI do the heavy lifting for you!