What Makes This Trade Great? – EYEN

What Makes This Trade Great? – EYEN

Jun 24, 2025

Hello traders,
Barrie Einarson here with today’s edition of What Makes This Trade Great, and wow, we had a wild one with EYEN! Let’s dive into it To Subscribe: https://go.trade-ideas.com/SHQ
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🚀 The Setup – Altcoin Hype Meets Small Cap Momentum

So EYEN popped up on my radar early this morning. And like a lot of stocks lately, they’re jumping into the altcoin narrative. That alone has been lighting fires under a bunch of small caps over the past couple of months.

But here’s the thing — this wasn’t an “easy” trade.

I actually got in twice before nailing it:

  • First entry: small loss. Just didn’t go.
  • Second entry: tiny win.
  • Third time? That’s where the magic happened 💥

📊 The Technical Trigger

See that green line on my chart? That’s the $7.50 area — a spot I had my eye on all morning. Why? Because on the 5-minute chart, it looked like a clean breakout zone.

So I placed a price alert, told myself to stay disciplined, and when it broke?

BOOM.

Straight run from $7.50 with a quick pullback… but it kept going, and going, and going. That’s what I call following the wave 🌊


The Exit Strategy

I was honestly shocked it got through $10 the first time — strong psychological level. But when it broke down through that level the second time, I exited. No questions.

No need to be a hero. Take the win and move on.


Final Thoughts

The key to this trade wasn’t just jumping in. It was:

  • Recognizing the catalyst.
  • Sticking to a technical level.
  • Staying persistent even after a couple bumps.
  • Having the discipline to take the exit when it came.

That’s how you catch a runner like this — not by chasing, but by preparing.