Hello, traders! Barrie Einarson here with today’s edition of What Makes This Trade Great. To Subscribe: https://go.trade-ideas.com/SHQ BARRIE15 to save 15% off

Let’s dive into CYCN, the star of the show! 🌟 This ticker caught my attention early on, and it stayed on my radar all day long. Here’s why.

CYCN was a standout in the Relative Strength Leaders scan right from the market close yesterday and held its ground at the top throughout today. You couldn’t miss it—it was right there front and center, screaming for your attention. 👀

The Entry Point That Set the Stage

My custom scan sent an alert for CYCN at $5.57—a sweet spot. From there, it was off to the races! This stock skyrocketed, hitting $8.44 before pulling back. That’s a whopping 50% move in no time. 🤑

If you missed the first wave, don’t worry. I kept an eye on it as it held above the VWAP (Volume Weighted Average Price), my trusty indicator for strength and trend confirmation. I even re-entered the trade when it showed resilience around VWAP.

The Game Plan Moving Forward

Here’s the kicker: I’m watching for CYCN to retest and break above VWAP again later in the session. Why? Because stocks like this tend to draw in more traders when they show renewed strength. If it pops above VWAP with momentum, it might just have another run in it. 💥

Takeaways for Your Strategy

1️⃣ Relative Strength Matters: Keep an eye on stocks leading the pack. CYCN was a textbook example.
2️⃣ VWAP Is Key: Watch how the price interacts with VWAP—it’s often a roadmap for reversals or continuation plays.
3️⃣ Stay Flexible: Sometimes the best trades happen in the second or third waves, not the first.

Final Thoughts

The market is full of opportunities like CYCN—you just need the right tools to spot them. Get back into the trading room, sharpen your strategy, and prepare for the next big play.

Happy trading, everyone! 💼✨