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

I want to share a really nice bottom-fishing setup I was watching this morning. This one is a textbook example of how patience can pay off after a strong momentum move. Use Promo Code BARRIE30 for 30% off an Annual Premium Subscription
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We had a stock that exploded higher off the open—ran all the way up to about $7.48 before it lost steam. You know how it goes: big push up, everyone piles in, and then the profit-taking starts.

It didn’t just dip once. It pulled back multiple times, grinding lower and shaking out a lot of traders. That’s where I got interested.

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What I really liked was the way it settled into a clear support zone around $6.60–$6.68. That area held beautifully despite all the selling pressure. It’s exactly what I look for in a bottom-fishing play—a stock that’s still strong on the day but has exhausted the early chasers.

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Once it based there, it popped nicely—ran up to around $7.08 before showing any real hesitation. That’s about a 6% intraday move, which is exactly the kind of trade I’m after.

When I recorded this, the stock was still up about 15% on the day overall, so there was potential for even more upside if it kept trending.

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Key takeaway for me:
✅ Watch for strong early runners that pull back in steps.
✅ Let them show real support.
✅ Enter near that support for the best risk/reward.

If you’re already in it, I’d seriously consider holding at least part of the position to see if it can keep going.

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These are the kinds of setups I love sharing because they really highlight the value of waiting for the trade to come to you.

See you next time on What Makes This Trade Great!