What Makes This Trade Great: BTST

What Makes This Trade Great: BTST

Dec 13, 2024

Hey traders! Barrie Einarson here, wrapping up the week with a look at BTST. It’s been a slower day in the market, but even on quiet days, opportunities can stand out if you know where to look. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE15 for 15% off

BTST popped up on my 10-day daily breakout scan—normally, this scan is packed, but today, it only delivered about seven or eight alerts. Despite the slower action, BTST was a standout. I caught the move at $18.68, and it climbed up to $19.58, nearly a $1 move! That’s impressive on a day where the broader market felt stagnant.

Looking ahead, there’s some resistance around $20, but if it retests today’s highs, we could see a continuation. Keep this one on your radar for the balance of the day and into next week.

Days like this are a reminder that quality trades can shine even when the market isn’t moving much. Have a great weekend, and I’ll catch you Monday morning at 9 AM!