Hey everyone, Barrie here from Trade Ideas with another edition of What Makes This Trade Great — and today we’re diving into one that packed a serious punch: $IBO.

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At 8:48 AM, we got the alert on IBO at $1.16, coming off news of a merger announcement. That’s the kind of catalyst we love — something that gets the volume surging and traders piling in.

💡 Initial move? From $1.16 all the way to $1.44. Solid first push.

But then it gets interesting…

IBO pulled back right into our stop area. Some would’ve walked away. But for the sharp-eyed traders out there, that was your reentry signal around $1.14 — a sweet spot between the stop and original alert. Yes, that initial stop was tight, probably a bit too tight, but the setup gave us another shot.

📈 What happened next? IBIO exploded:

• From $1.13/$1.14 to $1.75
• A sharp pullback
• And then another massive rip — just shy of $2.00

Not saying it was easy. Far from it. You had to manage your entries, handle the chop, and trust the pattern. But this is exactly why we say:

➡️ Know your risk
➡️ Stick to your strategy
➡️ Be ready for a second chance

Sometimes, the best setups don’t come gift-wrapped. They come with volatility, opportunity, and a dash of chaos. And that, my friends, is what made this trade great.