Hello, traders! It’s Barrie Einarson from Trade Ideas. We’re about to embark on one heck of a journey – imagine strapping yourself onto a rocket ship and taking a lightning-quick voyage right into the heart of trading success. That’s exactly what happened with SNTG or Senetek PLC. It appeared stunningly on my 10-day daily breakout alerts list and earned its place in the ‘what makes this trade great’ Hall of Fame.
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From Liftoff to Locking Profits

On one particularly invigorating day, an alert for SNTG crossed my trading radar. You may want to take a deep breath for this one: 9:48 Eastern time with the price primed at a promising 2.65. You could almost feel the vibrations from the ignition as the price leveled up at this point.

In the world of trading, my cursor serves as my compass. Like a trusty ship guide, it pointed straight to the 2.65 mark in eager anticipation. Unfortunately, the control tower – my computer – had some temporary hiccups, but we worked through the technical turbulence.

Fasten your seat belts, because next up, we’re talking about a skyrocketing ascent. Before even the smallest inclination of a pullback, SNTG-eons propelled away from the 2.36 mark and thrust all the way up to an impressive 5.54.

Now, I’m sure you’re already envisioning a timely sale around this region. I mean, how can we foresee if this exact rally would skyrocket all the way to the moon, right? But piloting a trading journey requires foresight and strategic holds.

A Short Intermission Followed by Re-Ignition

Despite witnessing the rocket ride, a part of you might have affiliated with the pullbacks. But, wait. Maybe a hold on to an extra share or two would be a good move. The aftermath certainly advocates for it. Following this brief pause, SNTG took another giant leap and reached the 6.40 station. At this point, a cheeky selling move would have seemed reasonable.

But SNTG wasn’t done with its stellar ascension. The flight plan took another turn, soaring all the way up to a staggering 8.42.

“This may get going later on in the day. I mean, it’s a nice little pullback, but it looks like it’s trying to base a bit here.”

What’s Special About SNTG?

Housing only 1 million as float, SNTG marks itself as a low float stock originating from China. In this trading journey, we navigated on the chart’s course, regardless of news alerts. The chart was our star map, guiding us through the SNTG galaxy, making it the trade supernova for the day in the trading room.

As we wrap this thrilling voyage, let’s keep in mind that opportunities are abundant. Rocket ships or trading instruments alike, they await for a vigilant trader’s eye to spot them. After a thrilling trading year, let’s welcome the New Year and look forward to discovering more rocketing opportunities. Let’s remember that markets are taking a holiday pause as well and will resume on Tuesday.

Here’s wishing you all a Happy New Year filled with bountiful opportunities and trading prosperity!

Keep your trading spirits up and as always, happy trading everyone! See you all soon!