I’m Barrie Einarson from Trade Ideas, back again with another episode of my series, “What Makes This Trade Great”. Today, let’s put our investor glasses on and take a keen look at an intriguing prospect, Triumph Group Inc (TGI). Time to walk you through what I observed in their pre-market moves and some remarkable data points from my custom ‘wonder scan’, a tool that has proven essential in unearthing golden tickets and trade alerts.
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The Buzz around Triumph Group (TGI)

Early birds would notice a little movement in the pre-market favoring TGI. well, at least that’s what caught my eye. This was just the preamble.

The real “aha moment” came fifteen minutes after the opening. The alert sounded off at 1547, originating from our AI, and in no time the stock jumped, eventually settling at 1619. A quick scan of the daily chart alluded to a potential high somewhere around 1686.

When to Hop In?

As someone who finds thrill in the unpredictability of stock markets, the volatility of TGI is appealing. Especially if it surges above the 1625 mark, with volume backing up the move. It’s quite evident that there’s room for growth.

Instinct guided me to my wonder scan, a customized tool that I’ve been using to navigate through the sea of stock options. This tool has given me and our room members alerts about promising moves. CYTK, for instance, went off with an alert at 4171 and then showing an impressive rise up to 4457.

Other Intriguing Trades

Another alert worth mentioning is Irene. Irene caught my eye with a trade I took part in, starting at 726 and climaxing at around 750.

A peculiar one that stuck out was MULN. The initial run was a climb from about $8 that culminated in finally breaking a ten-day high. And from there, it ran almost a marathon, shooting up to about 18.

But the real diamond in the rough was TGI. It emerged in my scan too, pretty early. If it surpasses the 1630 mark, it’d be definitely worth a shot.

Overwhelmed?

For anyone out there who might be feeling overwhelmed by the deluge of alerts, my wonder scan might just be the calming remedy you need. It doesn’t bombard you with a flurry of alerts, but when it does ring, you’re almost certain to find something genuinely interesting.

For those intrigued by this, join me in the room and I’ll walk you through this personally. It might just turn out to be your go-to tool for navigating the stock market!

So that’s all for now! Tune in tomorrow as we explore more of such great trade ideas. Happy trading!