What Makes This Trade Great – ICCT
What Makes This Trade Great – ICCT
Apr 4, 2025
Hey everyone, Barrie Einarson here with today’s “What Makes This Trade Great,” and we’re talking about ICCT—a clean mover we spotted right from the pre-market. Now, just a quick reminder—our trading room opens at 6:45 AM Eastern, and I hop on the mic around 9. This morning, I was pointing out ICCT while it was hanging around that $5 level—not just holding it, but holding VWAP too. I said, “Guys, look how well it’s holding 5. Look how well it’s holding VWAP. We’ve gotta watch this one off the open.” To Subscribe: https://go.trade-ideas.com/SHQ
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Well, take a look at what happened next.
ICCT took off from $5 and ran all the way to $6.85 before even thinking about pulling back. Then it dipped a bit to around $6.32, and boom—another burst higher. That’s exactly the kind of early move we love to see.
This is why I always say: being in the room matters. These setups show themselves early, and when we’re all keeping eyes on the same names, it’s a real edge. A bunch of us were able to nail a quick early trade on this one.
Alright, that’s it for today—hope you all crushed it. Have a great weekend, and I’ll catch you Monday morning.