What Makes This Trade Great: An Insight with Barrie Einarson

What Makes This Trade Great: An Insight with Barrie Einarson

Jun 12, 2024

Hello, everyone! Barrie Einarson here from Trade Ideas, and welcome to today’s edition of “What Makes This Trade Great.”

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One of the most exciting aspects of Trade Ideas is the ability to identify and capitalize on lesser-known stocks that have incredible potential. Today, I want to highlight an example that perfectly demonstrates

This morning, DDC started as a relatively obscure stock, priced at just 58 cents in the pre-market. It seemed to be flying under the radar, with minimal movement. However, everything changed when news broke that DDC, an Asian company from China, had acquired a well-known Chinese brand. Although the specifics of the acquisition were not entirely clear—whether it was a restaurant chain or a sauce manufacturer—the impact on the stock was undeniable.

The news triggered a dramatic surge in DDC’s stock price. From its pre-market value of 57 cents, it skyrocketed to $2.54, almost non-stop before finally pulling back. This kind of movement is exactly what makes Trade Ideas so powerful—it enables us to spot these rapid changes and act on them quickly.

You might be wondering how we find these opportunities. Let me show you our secret weapon: the Trade Ideas tree map. This tool keeps DDC and other significant movers like LGVN and DRCT on our radar all day long. For instance, LGVN experienced a remarkable run from 90 cents to $1.70, while DRCT, though a bit more choppy, also presented substantial opportunities.

By using the relative strength leaders from the closed percent scan, we can zero in on the stocks that are making the biggest moves. This approach maximizes our chances of identifying and benefiting from significant price changes.

As always, I’m eager to get back into the trading room and continue exploring these exciting opportunities. Thank you for joining me today. Have a great evening, and I’ll see you tomorrow!

Stay tuned for more insights and tips on “What Makes This Trade Great” with Barrie Einarson. Happy trading!