Hey everyone, Barrie here with today’s What Makes This Trade Great.

Today, I want to discuss BMNR, which turned out to be a fantastic trading idea. To Subscribe: https://go.trade-ideas.com/SHQ
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We got the alert at $16. Now, I know a lot of traders would look at that and say: “Really? It already ran from $6 to $16. Isn’t that enough?”

But this is where you can’t dismiss momentum. There was some crypto-related news floating around—Bitcoin, maybe Ethereum—one of those altcoin tie-ins that traders latch onto. That was enough to keep it going.

From the alert at $16, it ripped to $24 before even pulling back. Pretty solid move already. Then after a bit of a dip, it made another push to $30.

It’s pulled back some since then, but here’s the thing: if it takes out $30 again, there’s room on the monthly chart for it to head toward $60. That’s why these continuation setups matter.

I get questions all the time about chasing stocks that are “already up big.” It’s true you have to be careful. But if the momentum is real, if there’s news, and if traders are piling in, you can absolutely see secondary runs like this.

This is why I keep saying: Don’t get stuck thinking it can’t go higher. Watch those levels. Let the chart tell you.

Anyway—just wanted to highlight this one because it’s a perfect example of why I pay close attention to these alerts. Great opportunity for anyone watching it today.